UWM Holdings Corporation (NYSE: UWMC) kicked off on Monday, remained unchanged from the previous trading day, before settling in for the closing price of $6.63. Over the past 52 weeks, UWMC has traded in a range of $4.77-$9.74.
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During the last 5-year period, the sales drop of Financial Sector giant was -9.40%. While this was happening, its average annual earnings per share was recorded 717.60%. With a float of $68.68 million, this company’s outstanding shares have now reached $93.65 million.
Let’s determine the extent of company efficiency that accounts for 6700 employees. In terms of profitability, gross margin is 96.29%, operating margin of 49.13%, and the pretax margin is 4.23%.
UWM Holdings Corporation (UWMC) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Mortgage Finance Industry. The insider ownership of UWM Holdings Corporation is 28.17%, while institutional ownership is 58.82%. The most recent insider transaction that took place on Sep 16 ’24, was worth 10,140,000. In this transaction President and CEO of this company sold 1,200,000 shares at a rate of $8.45, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 13 ’24, when Company’s President and CEO sold 10,842,012 for $8.45, making the entire transaction worth $91,615,001. This insider now owns 0 shares in total.
UWM Holdings Corporation (UWMC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 717.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.56% during the next five years compared to -277.33% drop over the previous five years of trading.
UWM Holdings Corporation (NYSE: UWMC) Trading Performance Indicators
Take a look at UWM Holdings Corporation’s (UWMC) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of UWM Holdings Corporation (UWMC)
Looking closely at UWM Holdings Corporation (NYSE: UWMC), its last 5-days average volume was 2.56 million, which is a jump from its year-to-date volume of 1.84 million. As of the previous 9 days, the stock’s Stochastic %D was 9.65%. Additionally, its Average True Range was 0.23.
During the past 100 days, UWM Holdings Corporation’s (UWMC) raw stochastic average was set at 3.42%, which indicates a significant decrease from 10.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.81% in the past 14 days, which was lower than the 38.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.29, while its 200-day Moving Average is $7.38. However, in the short run, UWM Holdings Corporation’s stock first resistance to watch stands at $6.70. Second resistance stands at $6.77. The third major resistance level sits at $6.86. If the price goes on to break the first support level at $6.54, it is likely to go to the next support level at $6.45. Should the price break the second support level, the third support level stands at $6.38.
UWM Holdings Corporation (NYSE: UWMC) Key Stats
The company with the Market Capitalisation of 633.89 million has total of 95,578K Shares Outstanding. Its annual sales at the moment are 1,311 M in contrast with the sum of -13,230 K annual income. Company’s last quarter sales were recorded 507,090 K and last quarter income was 3,050 K.
