A new trading day began on Friday, with UL Solutions Inc (NYSE: ULS) stock price up 1.68% from the previous day of trading, before settling in for the closing price of $49.86. ULS’s price has ranged from $33.15 to $56.28 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 5.26% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 3.29%. With a float of $38.21 million, this company’s outstanding shares have now reached $200.01 million.
In an organization with 15233 employees, it is important to assess its efficiency.
UL Solutions Inc (ULS) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Business Services Industry. The insider ownership of UL Solutions Inc is 80.86%, while institutional ownership is 21.93%. The most recent insider transaction that took place on Sep 23 ’24, was worth 147,000,000. In this transaction 10% Owner of this company sold 3,000,000 shares at a rate of $49.00, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 09 ’24, when Company’s 10% Owner sold 20,000,000 for $49.00, making the entire transaction worth $980,000,000. This insider now owns 0 shares in total.
UL Solutions Inc (ULS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 3.29% per share during the next fiscal year.
UL Solutions Inc (NYSE: ULS) Trading Performance Indicators
Here are UL Solutions Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.67. Likewise, its price to free cash flow for the trailing twelve months is 36.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.34, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.56 in one year’s time.
Technical Analysis of UL Solutions Inc (ULS)
Let’s dig in a bit further. During the last 5-days, its volume was 1.36 million. That was better than the volume of 0.78 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 75.16%. Additionally, its Average True Range was 1.25.
During the past 100 days, UL Solutions Inc’s (ULS) raw stochastic average was set at 71.78%, which indicates a significant decrease from 99.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.06% in the past 14 days, which was lower than the 32.10% volatility it showed in the past 100 days.
However, in the short run, UL Solutions Inc’s stock first resistance to watch stands at $51.10. Second resistance stands at $51.49. The third major resistance level sits at $52.28. If the price goes on to break the first support level at $49.92, it is likely to go to the next support level at $49.13. Assuming the price breaks the second support level, the third support level stands at $48.74.
UL Solutions Inc (NYSE: ULS) Key Stats
With a market capitalization of 10.14 billion, the company has a total of 200,004K Shares Outstanding. Currently, annual sales are 2,678 M while annual income is 260,000 K. The company’s previous quarter sales were 730,000 K while its latest quarter income was 101,000 K.
