Wheels Up Experience Inc (UP) volume exceeds 1.45 million: A new investment opportunity for investors

On Monday, Wheels Up Experience Inc (NYSE: UP) was 1.68% up from the session before settling in for the closing price of $2.38. A 52-week range for UP has been $1.15 – $6.08.

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Annual sales at Industrials sector company grew by 27.82% over the past five years. When this article was written, the company’s average yearly earnings per share was at 78.81%. With a float of $345.57 million, this company’s outstanding shares have now reached $696.86 million.

Let’s look at the performance matrix of the company that is accounted for 2206 employees. In terms of profitability, gross margin is -0.42%, operating margin of -36.11%, and the pretax margin is -43.63%.

Wheels Up Experience Inc (UP) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Wheels Up Experience Inc stocks. The insider ownership of Wheels Up Experience Inc is 50.47%, while institutional ownership is 49.18%. The most recent insider transaction that took place on Mar 13 ’24, was worth 72,169. In this transaction Chief Legal Officer of this company sold 28,413 shares at a rate of $2.54, taking the stock ownership to the 37,707 shares. Before that another transaction happened on Mar 13 ’24, when Company’s EVP, Charter & CEO Air Partner sold 5,589 for $2.52, making the entire transaction worth $14,084. This insider now owns 58,471 shares in total.

Wheels Up Experience Inc (UP) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 78.81% per share during the next fiscal year.

Wheels Up Experience Inc (NYSE: UP) Trading Performance Indicators

You can see what Wheels Up Experience Inc (UP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.76.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.93 and is forecasted to reach -0.84 in one year’s time.

Technical Analysis of Wheels Up Experience Inc (UP)

Wheels Up Experience Inc (NYSE: UP) saw its 5-day average volume 0.79 million, a negative change from its year-to-date volume of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 72.16%. Additionally, its Average True Range was 0.20.

During the past 100 days, Wheels Up Experience Inc’s (UP) raw stochastic average was set at 28.61%, which indicates a significant decrease from 86.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 109.12% in the past 14 days, which was lower than the 129.41% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.07, while its 200-day Moving Average is $2.72. Nevertheless, the first resistance level for the watch stands at $2.49 in the near term. At $2.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.64. If the price goes on to break the first support level at $2.35, it is likely to go to the next support level at $2.27. Assuming the price breaks the second support level, the third support level stands at $2.20.

Wheels Up Experience Inc (NYSE: UP) Key Stats

There are 697,303K outstanding shares of the company, which has a market capitalization of 1.69 billion. As of now, sales total 1,253 M while income totals -487,390 K. Its latest quarter income was 196,290 K while its last quarter net income were -96,970 K.