The key reasons why UWM Holdings Corporation (UWMC) is -31.31% away from 52-week high?

UWM Holdings Corporation (NYSE: UWMC) started the day on Thursday, with a price increase of 1.52% at $6.69, before settling in for the price of $6.59 at the close. Taking a more long-term approach, UWMC posted a 52-week range of $4.77-$9.74.

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The Financial Sector giants’ yearly sales growth during the last 5-year period was -9.40%. Meanwhile, its Annual Earning per share during the time was -277.33%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 717.60%. This publicly-traded company’s shares outstanding now amounts to $93.65 million, simultaneously with a float of $68.68 million. The organization now has a market capitalization sitting at $639.63 million. At the time of writing, stock’s 50-day Moving Average stood at $8.38, while the 200-day Moving Average is $7.38.

UWM Holdings Corporation (UWMC) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Mortgage Finance Industry. UWM Holdings Corporation’s current insider ownership accounts for 28.17%, in contrast to 58.79% institutional ownership. According to the most recent insider trade that took place on Sep 16 ’24, this organization’s President and CEO sold 1,200,000 shares at the rate of 8.45, making the entire transaction reach 10,140,000 in total value, affecting insider ownership by 0. Preceding that transaction, on Sep 13 ’24, Company’s President and CEO sold 10,842,012 for 8.45, making the whole transaction’s value amount to 91,615,001. This particular insider is now the holder of 0 in total.

UWM Holdings Corporation (UWMC) Earnings and Revenue Records

UWM Holdings Corporation’s EPS increase for this current 12-month fiscal period is 717.60% and is forecasted to reach 0.46 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -8.56% through the next 5 years, which can be compared against the -277.33% growth it accomplished over the previous five years trading on the market.

UWM Holdings Corporation (NYSE: UWMC) Trading Performance Indicators

Let’s observe the current performance indicators for UWM Holdings Corporation (UWMC). The Stock has managed to achieve an average true range (ATR) of 0.24. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.28.

In the same vein, UWMC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.16, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.46 at the market close of one year from today.

Technical Analysis of UWM Holdings Corporation (UWMC)

If we take a close look at the recent performances of UWM Holdings Corporation (NYSE: UWMC), its last 5-days Average volume was 2.37 million that shows progress from its year to date volume of 1.83 million. During the previous 9 days, stock’s Stochastic %D was recorded 6.38% While, its Average True Range was 0.22.

Raw Stochastic average of UWM Holdings Corporation (UWMC) in the period of the previous 100 days is set at 4.69%, which indicates a major fall in contrast to 11.65% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 29.59% that was lower than 38.35% volatility it exhibited in the past 100-days period.