A new trading day began on Friday, with Uber Technologies Inc (NYSE: UBER) stock price up 1.67% from the previous day of trading, before settling in for the closing price of $72.05. UBER’s price has ranged from $42.91 to $87.00 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 31.46% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 85.05%. With a float of $2.02 billion, this company’s outstanding shares have now reached $2.07 billion.
In an organization with 30400 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 37.24%, operating margin of 6.74%, and the pretax margin is 12.02%.
Uber Technologies Inc (UBER) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Uber Technologies Inc is 3.90%, while institutional ownership is 79.52%. The most recent insider transaction that took place on Sep 16 ’24, was worth 2,880,044. In this transaction an insider of this company sold 40,000 shares at a rate of $72.00, taking the stock ownership to the 127,352 shares. Before that another transaction happened on Aug 08 ’24, when Company’s Officer proposed sale 138,115 for $65.54, making the entire transaction worth $9,052,057.
Uber Technologies Inc (UBER) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.62 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 85.05% per share during the next fiscal year.
Uber Technologies Inc (NYSE: UBER) Trading Performance Indicators
Here are Uber Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.74. Likewise, its price to free cash flow for the trailing twelve months is 26.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.04, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.35 in one year’s time.
Technical Analysis of Uber Technologies Inc (UBER)
Let’s dig in a bit further. During the last 5-days, its volume was 27.27 million. That was better than the volume of 18.11 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 35.48%. Additionally, its Average True Range was 2.54.
During the past 100 days, Uber Technologies Inc’s (UBER) raw stochastic average was set at 57.25%, which indicates a significant increase from 22.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.42% in the past 14 days, which was lower than the 43.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $75.38, while its 200-day Moving Average is $72.03. However, in the short run, Uber Technologies Inc’s stock first resistance to watch stands at $74.18. Second resistance stands at $75.12. The third major resistance level sits at $76.08. If the price goes on to break the first support level at $72.28, it is likely to go to the next support level at $71.32. Assuming the price breaks the second support level, the third support level stands at $70.38.
Uber Technologies Inc (NYSE: UBER) Key Stats
With a market capitalization of 156.81 billion, the company has a total of 2,100,937K Shares Outstanding. Currently, annual sales are 37,281 M while annual income is 1,887 M. The company’s previous quarter sales were 10,700 M while its latest quarter income was 1,015 M.
