On Monday, UWM Holdings Corporation (NYSE: UWMC) opened lower -10.85% from the last session, before settling in for the closing price of $5.53. Price fluctuations for UWMC have ranged from $5.26 to $9.74 over the past 52 weeks.
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Annual sales at Financial sector company slipped by -4.81% over the past five years. Company’s average yearly earnings per share was noted 118.82% at the time writing. With a float of $110.17 million, this company’s outstanding shares have now reached $157.94 million.
Let’s look at the performance matrix of the company that is accounted for 9100 employees. In terms of profitability, gross margin is 114.34%, operating margin of 58.45%, and the pretax margin is 17.49%.
UWM Holdings Corporation (UWMC) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Mortgage Finance industry is another important factor to consider. The insider ownership of UWM Holdings Corporation is 30.26%, while institutional ownership is 56.48%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 118.82% per share during the next fiscal year.
UWM Holdings Corporation (NYSE: UWMC) Trading Performance Indicators
Check out the current performance indicators for UWM Holdings Corporation (UWMC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.06, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.53 in one year’s time.
Technical Analysis of UWM Holdings Corporation (UWMC)
UWM Holdings Corporation (NYSE: UWMC) saw its 5-day average volume 11.55 million, a positive change from its year-to-date volume of 4.29 million. As of the previous 9 days, the stock’s Stochastic %D was 29.64%. Additionally, its Average True Range was 0.31.
During the past 100 days, UWM Holdings Corporation’s (UWMC) raw stochastic average was set at 3.24%, which indicates a significant decrease from 4.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.86% in the past 14 days, which was higher than the 45.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.07, while its 200-day Moving Average is $6.98. Nevertheless, the first resistance level for the watch stands at $5.52 in the near term. At $6.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.44. If the price goes on to break the first support level at $4.60, it is likely to go to the next support level at $4.28. The third support level lies at $3.68 if the price breaches the second support level.
UWM Holdings Corporation (NYSE: UWMC) Key Stats
There are currently 1,598,308K shares outstanding in the company with a market cap of 7.88 billion. Presently, the company’s annual sales total 2,164 M according to its annual income of 14,400 K. Last quarter, the company’s sales amounted to 560,210 K and its income totaled 8,920 K.
