Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Wheels Up Experience Inc (NYSE: UP) was $1.61 for the day, down -0.62% from the previous closing price of $1.62. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 0.76 million shares were traded. UP stock price reached its highest trading level at $1.65 during the session, while it also had its lowest trading level at $1.58.
Ratios:
Our analysis of UP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 and its Current Ratio is at 0.30.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 26 ’24 when Moak Donald Lee sold 21,766 shares for $2.47 per share. The transaction valued at 53,762 led to the insider holds 108,465 shares of the business.
Moak Donald Lee sold 20,000 shares of UP for $50,000 on Nov 25 ’24. The Director now owns 130,231 shares after completing the transaction at $2.50 per share. On Nov 25 ’24, another insider, Briffa Mark, who serves as the EVP, Charter & CEO Air Partner of the company, sold 9,904 shares for $2.47 each. As a result, the insider received 24,463 and left with 705,702 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 1130601600 and an Enterprise Value of 1310252800. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35. Its current Enterprise Value per Revenue stands at 1.572 whereas that against EBITDA is -4.929.
Stock Price History:
The Beta on a monthly basis for UP is 2.37, which has changed by -0.58567774 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, UP has reached a high of $4.76, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is -19.84%, while the 200-Day Moving Average is calculated to be -29.87%.
Shares Statistics:
UP traded an average of 1.05M shares per day over the past three months and 1361490 shares per day over the past ten days. A total of 697.81M shares are outstanding, with a floating share count of 346.30M. Insiders hold about 50.38% of the company’s shares, while institutions hold 49.94% stake in the company. Shares short for UP as of 1734048000 were 10409370 with a Short Ratio of 11.37, compared to 1731628800 on 10768592. Therefore, it implies a Short% of Shares Outstanding of 10409370 and a Short% of Float of 11.61.
