Stock Surge: Wheels Up Experience Inc (UP) Closes at 2.03, Marking a 1.00 Increase/Decrease

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In the latest session, Wheels Up Experience Inc (NYSE: UP) closed at $2.03 up 1.00% from its previous closing price of $2.01. In other words, the price has increased by $1.00 from its previous closing price. On the day, 0.81 million shares were traded. UP stock price reached its highest trading level at $2.07 during the session, while it also had its lowest trading level at $1.95.

Ratios:

For a deeper understanding of Wheels Up Experience Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.37. In the meantime, Its Debt-to-Equity ratio is 337.09 whereas as Long-Term Debt/Eq ratio is at 291.35.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1415524992 and an Enterprise Value of 1551524352. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 1514.93. Its current Enterprise Value per Revenue stands at 1.412 whereas that against EBITDA is -5.307.

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 -20.44%, while the 200-Day Moving Average is calculated to be -20.41%.

Shares Statistics:

For the past three months, UP has traded an average of 641.27K shares per day and 944170 over the past ten days. A total of 696.86M shares are outstanding, with a floating share count of 345.31M. Insiders hold about 50.48% of the company’s shares, while institutions hold 42.40% stake in the company. Shares short for UP as of 1715731200 were 7663818 with a Short Ratio of 11.95, compared to 1713139200 on 6049868. Therefore, it implies a Short% of Shares Outstanding of 7663818 and a Short% of Float of 8.6.

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