On Friday, UWM Holdings Corporation (NYSE: UWMC) opened higher 4.59% from the last session, before settling in for the closing price of $4.14. Price fluctuations for UWMC have ranged from $4.00 to $9.74 over the past 52 weeks.
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A company in the Financial sector has dropped its sales by -4.81% annually for the last half of the decade. Company’s average yearly earnings per share was noted 53.82% at the time writing. With a float of $140.46 million, this company’s outstanding shares have now reached $200.78 million.
In an organization with 9100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 86.21%, operating margin of 9.15%, and the pretax margin is -6.56%.
UWM Holdings Corporation (UWMC) Insider Updates
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 57.35%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 53.82% 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 2.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.48 in one year’s time.
Technical Analysis of UWM Holdings Corporation (UWMC)
Let’s dig in a bit further. During the last 5-days, its volume was 6.73 million. That was better than the volume of 4.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 27.58%. Additionally, its Average True Range was 0.25.
During the past 100 days, UWM Holdings Corporation’s (UWMC) raw stochastic average was set at 12.13%, which indicates a significant decrease from 36.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.50% in the past 14 days, which was higher than the 54.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.04, while its 200-day Moving Average is $6.57. However, in the short run, UWM Holdings Corporation’s stock first resistance to watch stands at $4.43. Second resistance stands at $4.52. The third major resistance level sits at $4.66. If the price goes on to break the first support level at $4.20, it is likely to go to the next support level at $4.06. Assuming the price breaks the second support level, the third support level stands at $3.96.
UWM Holdings Corporation (NYSE: UWMC) Key Stats
There are currently 1,598,308K shares outstanding in the company with a market cap of 6.92 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 224,790 K and its income totaled -13,680 K.
