UWM Holdings Corporation (NYSE: UWMC) kicked off on Friday, up 0.70% from the previous trading day, before settling in for the closing price of $4.27. Over the past 52 weeks, UWMC has traded in a range of $3.88-$9.74.
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While this was happening, its average annual earnings per share was recorded 53.82%. With a float of $140.46 million, this company’s outstanding shares have now reached $200.78 million.
The extent of productivity of a business whose workforce counts for 9100 workers is very important to gauge. 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Mortgage Finance Industry. The insider ownership of UWM Holdings Corporation is 30.26%, while institutional ownership is 57.33%. 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
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
Take a look at UWM Holdings Corporation’s (UWMC) current performance indicators. Last quarter, stock had a quick ratio of 0.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.80.
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)
The latest stats from [UWM Holdings Corporation, UWMC] show that its last 5-days average volume of 4.91 million was superior to 4.53 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 74.52%. Additionally, its Average True Range was 0.21.
During the past 100 days, UWM Holdings Corporation’s (UWMC) raw stochastic average was set at 14.64%, which indicates a significant decrease from 82.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.86% in the past 14 days, which was lower than the 54.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.70, while its 200-day Moving Average is $6.38. Now, the first resistance to watch is $4.36. This is followed by the second major resistance level at $4.42. The third major resistance level sits at $4.47. If the price goes on to break the first support level at $4.25, it is likely to go to the next support level at $4.20. The third support level lies at $4.14 if the price breaches the second support level.
UWM Holdings Corporation (NYSE: UWMC) Key Stats
The company with the Market Capitalisation of 6.88 billion has total of 1,599,201K Shares Outstanding. Its annual sales at the moment are 2,164 M in contrast with the sum of 14,400 K annual income. Company’s last quarter sales were recorded 224,790 K and last quarter income was -13,680 K.
