Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Wheels Up Experience Inc (NYSE: UP) closed the day trading at $2.23 down -5.51% from the previous closing price of $2.36. In other words, the price has decreased by -$5.51 from its previous closing price. On the day, 0.61 million shares were traded. UP stock price reached its highest trading level at $2.34 during the session, while it also had its lowest trading level at $2.2.
Ratios:
For a better understanding of UP, let’s 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 1554412672 and an Enterprise Value of 1718666752. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 15.95. Its current Enterprise Value per Revenue stands at 1.371 whereas that against EBITDA is -5.978.
Stock Price History:
The Beta on a monthly basis for UP is 2.24, which has changed by -0.25316453 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. 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 -15.65%, while the 200-Day Moving Average is calculated to be -9.99%.
Shares Statistics:
Over the past 3-months, UP traded about 626.12K shares per day on average, while over the past 10 days, UP traded about 437100 shares per day. 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 48.13% stake in the company. Shares short for UP as of 1713139200 were 6049868 with a Short Ratio of 9.66, compared to 1710460800 on 5571962. Therefore, it implies a Short% of Shares Outstanding of 6049868 and a Short% of Float of 6.81.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
