The key reasons why Wheels Up Experience Inc (UP) is -64.14% away from 52-week high?

Wheels Up Experience Inc (NYSE: UP) started the day on Thursday, with a price increase of 4.31% at $2.18, before settling in for the price of $2.09 at the close. Taking a more long-term approach, UP posted a 52-week range of $1.40-$6.08.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 27.82%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 78.81%. This publicly-traded company’s shares outstanding now amounts to $696.86 million, simultaneously with a float of $345.63 million. The organization now has a market capitalization sitting at $1.52 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.16, while the 200-day Moving Average is $2.46.

Wheels Up Experience Inc (UP) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Airports & Air Services Industry. Wheels Up Experience Inc’s current insider ownership accounts for 50.47%, in contrast to 49.93% institutional ownership. According to the most recent insider trade that took place on Mar 13 ’24, this organization’s Chief Legal Officer sold 28,413 shares at the rate of 2.54, making the entire transaction reach 72,169 in total value, affecting insider ownership by 37,707. Preceding that transaction, on Mar 13 ’24, Company’s EVP, Charter & CEO Air Partner sold 5,589 for 2.52, making the whole transaction’s value amount to 14,084. This particular insider is now the holder of 58,471 in total.

Wheels Up Experience Inc (UP) Earnings and Revenue Records

Wheels Up Experience Inc’s EPS increase for this current 12-month fiscal period is 78.81% and is forecasted to reach -0.84 in the upcoming year.

Wheels Up Experience Inc (NYSE: UP) Trading Performance Indicators

Let’s observe the current performance indicators for Wheels Up Experience Inc (UP). It’s Quick Ratio in the last reported quarter now stands at 0.27. The Stock has managed to achieve an average true range (ATR) of 0.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.82.

In the same vein, UP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.50, and analysts are predicting that it will be -0.84 at the market close of one year from today.

Technical Analysis of Wheels Up Experience Inc (UP)

If we take a close look at the recent performances of Wheels Up Experience Inc (NYSE: UP), its last 5-days Average volume was 0.99 million that shows plunge from its year to date volume of 1.02 million. During the previous 9 days, stock’s Stochastic %D was recorded 63.43% While, its Average True Range was 0.15.

Raw Stochastic average of Wheels Up Experience Inc (UP) in the period of the previous 100 days is set at 20.72%, which indicates a major fall in contrast to 74.29% 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 71.91% that was lower than 114.67% volatility it exhibited in the past 100-days period.