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UWM Holdings Corporation (NYSE: UWMC) closed the day trading at $8.63 up 2.49% from the previous closing price of $8.42. In other words, the price has increased by $2.49 from its previous closing price. On the day, 3.89 million shares were traded. UWMC stock price reached its highest trading level at $8.72 during the session, while it also had its lowest trading level at $8.505.
Ratios:
For a better understanding of UWMC, let’s look at 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.
Keefe Bruyette Downgraded its Mkt Perform to Underperform on January 10, 2024, while the target price for the stock was maintained at $6.
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 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 13939348480 and an Enterprise Value of 12175642624. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 7.27. Its current Enterprise Value per Revenue stands at 5.266 whereas that against EBITDA is 23.328.
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 $4.49. The 50-Day Moving Average of the stock is -0.42%, while the 200-Day Moving Average is calculated to be 18.79%.
Shares Statistics:
Over the past 3-months, UWMC traded about 1.71M shares per day on average, while over the past 10 days, UWMC traded about 2260530 shares per day. A total of 93.65M shares are outstanding, with a floating share count of 86.33M. Insiders hold about 9.70% of the company’s shares, while institutions hold 50.96% stake in the company. Shares short for UWMC as of 1724976000 were 13007073 with a Short Ratio of 7.59, compared to 1722384000 on 14362687. Therefore, it implies a Short% of Shares Outstanding of 13007073 and a Short% of Float of 13.719999999999999.
Dividends & Splits
UWMC’s forward annual dividend rate is 0.40, up from 0.4 a year ago. Against a Trailing Annual Dividend Yield of 0.047505938