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As of close of business last night, UWM Holdings Corporation’s stock clocked out at $6.44, down -2.57% from its previous closing price of $6.61. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 3.27 million shares were traded. UWMC stock price reached its highest trading level at $6.6255 during the session, while it also had its lowest trading level at $6.42.
Ratios:
To gain a deeper understanding of UWMC’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 87.41 whereas as Long-Term Debt/Eq ratio is at 42.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on October 08, 2024, Upgraded its rating to Equal Weight and sets its target price to $8 from $6 previously.
On April 09, 2024, Keefe Bruyette Upgraded its rating to Mkt Perform which previously was Underperform but kept the price unchanged to $6.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 16 ’24 when Mat Ishbia sold 1,200,000 shares for $8.45 per share. The transaction valued at 10,140,000 led to the insider holds 0 shares of the business.
Mat Ishbia sold 10,842,012 shares of UWMC for $91,615,001 on Sep 13 ’24. The President and CEO now owns 0 shares after completing the transaction at $8.45 per share. On Aug 30 ’24, another insider, Mat Ishbia, who serves as the President and CEO of the company, sold 5,000,000 shares for $9.11 each. As a result, the insider received 45,550,000 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UWMC now has a Market Capitalization of 10799815680 and an Enterprise Value of 11966253056. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.45 while its Price-to-Book (P/B) ratio in mrq is 5.42. Its current Enterprise Value per Revenue stands at 5.176 whereas that against EBITDA is 22.927.
Stock Price History:
Over the past 52 weeks, UWMC has reached a high of $9.74, while it has fallen to a 52-week low of $4.81. The 50-Day Moving Average of the stock is -20.72%, while the 200-Day Moving Average is calculated to be -12.78%.
Shares Statistics:
It appears that UWMC traded 2.49M shares on average per day over the past three months and 2791290 shares per day over the past ten days. A total of 93.65M shares are outstanding, with a floating share count of 68.68M. Insiders hold about 28.17% of the company’s shares, while institutions hold 58.79% stake in the company. Shares short for UWMC as of 1728950400 were 12539609 with a Short Ratio of 5.03, compared to 1726185600 on 12547499. Therefore, it implies a Short% of Shares Outstanding of 12539609 and a Short% of Float of 7.99.
Dividends & Splits
With its trailing 12-month dividend rate of 0.4, UWMC has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.06051437
