Wheels Up Experience Inc (NYSE: UP) on Tuesday, soared 4.31% from the previous trading day, before settling in for the closing price of $2.09. Within the past 52 weeks, UP’s price has moved between $1.15 and $6.08.
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A company in the Industrials sector has jumped its sales by 27.82% annually for the last half of the decade. The company achieved an average annual earnings per share of 78.81%. With a float of $345.56 million, this company’s outstanding shares have now reached $696.86 million.
In an organization with 2206 employees, it is important to assess its efficiency. 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
Observing investor behavior towards Airports & Air Services industry stocks is more important than anything else. 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
As on 9/30/2023, Multinational firm has announced its last quarter scores, in which it reported -7.9 earnings per share (EPS) for the period falling under the consensus outlook (set at -3.15) by -4.75. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
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
Wheels Up Experience Inc (UP) is currently performing well based on its current performance indicators. A quick ratio of 0.30 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 1.58.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.6 million. That was inferior than the volume of 1.03 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 54.19%. Additionally, its Average True Range was 0.17.
During the past 100 days, Wheels Up Experience Inc’s (UP) raw stochastic average was set at 20.72%, which indicates a significant decrease from 35.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.51% in the past 14 days, which was lower than the 130.21% 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 $2.63. However, in the short run, Wheels Up Experience Inc’s stock first resistance to watch stands at $2.24. Second resistance stands at $2.30. The third major resistance level sits at $2.40. If the price goes on to break the first support level at $2.09, it is likely to go to the next support level at $1.99. Assuming the price breaks the second support level, the third support level stands at $1.93.
Wheels Up Experience Inc (NYSE: UP) Key Stats
Market capitalization of the company is 1.52 billion based on 697,303K outstanding shares. Right now, sales total 1,253 M and income totals -487,390 K. The company made 196,290 K in profit during its latest quarter, and -96,970 K in sales during its previous quarter.
