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After finishing at $2.66 in the prior trading day, Wheels Up Experience Inc (NYSE: UP) closed at $2.51, down -5.64%. In other words, the price has decreased by -$5.64 from its previous closing price. On the day, 0.85 million shares were traded. UP stock price reached its highest trading level at $2.7 during the session, while it also had its lowest trading level at $2.44.
Ratios:
Our goal is to gain a better understanding of UP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.47. In the meantime, Its Debt-to-Equity ratio is 3.46 whereas as Long-Term Debt/Eq ratio is at 2.98.
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 this company, Goldman on June 15, 2022, initiated with a Buy rating and assigned the stock a target price of $5.
Barrington Research Downgraded its Outperform to Mkt Perform on November 16, 2021, while the target price for the stock was maintained at $16.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’24 when Heltebran Laura sold 28,413 shares for $2.54 per share. The transaction valued at 72,169 led to the insider holds 37,707 shares of the business.
Briffa Mark sold 5,589 shares of UP for $14,084 on Mar 13 ’24. The EVP, Charter & CEO Air Partner now owns 58,471 shares after completing the transaction at $2.52 per share. On Sep 13 ’23, another insider, Briffa Mark, who serves as the Chief Commercial Officer of the company, sold 9,904 shares for $3.64 each. As a result, the insider received 36,051 and left with 69,017 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, UP now has a Market Capitalization of 1749585536 and an Enterprise Value of 1823264896. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.40 while its Price-to-Book (P/B) ratio in mrq is 17.96. Its current Enterprise Value per Revenue stands at 1.455 whereas that against EBITDA is -6.342.
Stock Price History:
Over the past 52 weeks, UP has reached a high of $6.08, while it has fallen to a 52-week low of $0.98. The 50-Day Moving Average of the stock is -13.45%, while the 200-Day Moving Average is calculated to be 3.18%.
Shares Statistics:
The stock has traded on average 688.58K shares per day over the past 3-months and 524150 shares per day over the last 10 days, according to various share statistics. A total of 696.86M shares are outstanding, with a floating share count of 344.78M. Insiders hold about 50.56% of the company’s shares, while institutions hold 48.11% stake in the company. Shares short for UP as of 1711584000 were 5258350 with a Short Ratio of 7.64, compared to 1709164800 on 4403744. Therefore, it implies a Short% of Shares Outstanding of 5258350 and a Short% of Float of 0.9599999499999999.
Earnings Estimates
The firm’s stock currently is rated by Tidal ETF Trust II The Meet Kev analysts. The consensus estimate for the next quarter is $84.68, with high estimates of $38.52 and low estimates of $142.77.
