In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Unusual Machines Inc’s stock clocked out at $6.17, up 7.68% from its previous closing price of $5.73. In other words, the price has increased by $7.68 from its previous closing price. On the day, 1.17 million shares were traded.
Ratios:
To gain a deeper understanding of UMAC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 2.24. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.17.
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, Maxim Group on December 18, 2024, initiated with a Buy rating and assigned the stock a target price of $18.
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 Dec 03 ’24 when Thompson Jeffrey M sold 40,000 shares for $12.65 per share. The transaction valued at 506,116 led to the insider holds 325,984 shares of the business.
Jeffrey Murray Thompson bought 40,000 shares of UMAC for $602,800 on Dec 03 ’24. On Oct 30 ’24, another insider, Lowry Robert Paul, who serves as the Director of the company, bought 32,895 shares for $1.52 each. As a result, the insider paid 50,000 and bolstered with 73,502 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 26.21 while its Price-to-Book (P/B) ratio in mrq is 1.98.
Stock Price History:
Over the past 52 weeks, UMAC has reached a high of $23.62, while it has fallen to a 52-week low of $0.98. The 50-Day Moving Average of the stock is -48.65%, while the 200-Day Moving Average is calculated to be 19.86%.
Shares Statistics:
A total of 15.12M shares are outstanding, with a floating share count of 12.11M. Insiders hold about 19.94% of the company’s shares, while institutions hold 3.91% stake in the company.
