A new trading day began on Monday, with Wheels Up Experience Inc (NYSE: UP) stock price up 4.50% from the previous day of trading, before settling in for the closing price of $2.00. UP’s price has ranged from $1.32 to $6.08 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 27.82%. Meanwhile, its annual earnings per share averaged 78.81%. With a float of $345.63 million, this company’s outstanding shares have now reached $696.86 million.
The extent of productivity of a business whose workforce counts for 2206 workers is very important to gauge. In terms of profitability, gross margin is 0.34%, operating margin of -31.13%, and the pretax margin is -39.81%.
Wheels Up Experience Inc (UP) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Airports & Air Services Industry. The insider ownership of Wheels Up Experience Inc is 50.47%, while institutional ownership is 49.94%. 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) Latest Financial update
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
Here are Wheels Up Experience Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.50 and is forecasted to reach -0.84 in one year’s time.
Technical Analysis of Wheels Up Experience Inc (UP)
The latest stats from [Wheels Up Experience Inc, UP] show that its last 5-days average volume of 1.15 million was superior to 1.02 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 32.02%. Additionally, its Average True Range was 0.16.
During the past 100 days, Wheels Up Experience Inc’s (UP) raw stochastic average was set at 17.76%, which indicates a significant decrease from 48.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.09% in the past 14 days, which was lower than the 127.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.16, while its 200-day Moving Average is $2.48. Now, the first resistance to watch is $2.13. This is followed by the second major resistance level at $2.17. The third major resistance level sits at $2.24. If the price goes on to break the first support level at $2.01, it is likely to go to the next support level at $1.94. The third support level lies at $1.90 if the price breaches the second support level.
Wheels Up Experience Inc (NYSE: UP) Key Stats
With a market capitalization of 1.45 billion, the company has a total of 697,664K Shares Outstanding. Currently, annual sales are 1,253 M while annual income is -487,390 K. The company’s previous quarter sales were 193,900 K while its latest quarter income was -57,730 K.
