Uber Technologies Inc (NYSE: UBER) on Monday, plunged -0.99% from the previous trading day, before settling in for the closing price of $64.40. Within the past 52 weeks, UBER’s price has moved between $40.09 and $82.14.
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Technology Sector giant saw their annual sales surged by 31.46% over the last five years. The company achieved an average annual earnings per share of 0.78%. With a float of $2.01 billion, this company’s outstanding shares have now reached $2.07 billion.
The firm has a total of 30400 workers. Let’s measure their productivity.
Uber Technologies Inc (UBER) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Uber Technologies Inc is 3.93%, while institutional ownership is 81.24%. The most recent insider transaction that took place on Jul 15 ’24, was worth 35,957,114. In this transaction Chief Executive Officer of this company sold 500,000 shares at a rate of $71.91, taking the stock ownership to the 1,266,114 shares. Before that another transaction happened on Jun 17 ’24, when Company’s Chief Executive Officer sold 1,000,000 for $70.42, making the entire transaction worth $70,421,300. This insider now owns 1,266,114 shares in total.
Uber Technologies Inc (UBER) Earnings and Forecasts
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.18 earnings per share (EPS) for the period topping the consensus outlook (set at -0.01) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.78% per share during the next fiscal year.
Uber Technologies Inc (NYSE: UBER) Trading Performance Indicators
Uber Technologies Inc (UBER) is currently performing well based on its current performance indicators. A quick ratio of 1.21 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.45. Likewise, its price to free cash flow for the trailing twelve months is 31.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.64, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 2.13 in one year’s time.
Technical Analysis of Uber Technologies Inc (UBER)
Analysing the last 5-days average volume posted by the [Uber Technologies Inc, UBER], we can find that recorded value of 16.32 million was lower than the volume posted last year of 18.87 million. As of the previous 9 days, the stock’s Stochastic %D was 4.85%. Additionally, its Average True Range was 2.42.
During the past 100 days, Uber Technologies Inc’s (UBER) raw stochastic average was set at 4.46%, which indicates a significant increase from 0.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.72% in the past 14 days, which was higher than the 32.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $68.37, while its 200-day Moving Average is $65.61. Now, the first resistance to watch is $64.77. This is followed by the second major resistance level at $65.78. The third major resistance level sits at $66.31. If the price goes on to break the first support level at $63.23, it is likely to go to the next support level at $62.71. Should the price break the second support level, the third support level stands at $61.70.
Uber Technologies Inc (NYSE: UBER) Key Stats
Market capitalization of the company is 133.23 billion based on 2,089,520K outstanding shares. Right now, sales total 37,281 M and income totals 1,887 M. The company made 10,131 M in profit during its latest quarter, and -654,000 K in sales during its previous quarter.
