After finishing at $2.91 in the prior trading day, Wheels Up Experience Inc (NYSE: UP) closed at $2.72, down -6.53%. In other words, the price has decreased by -$0.1900 from its previous closing price. On the day, 689848 shares were traded. UP stock price reached its highest trading level at $2.9400 during the session, while it also had its lowest trading level at $2.6850.
Ratios:
Our goal is to gain a better understanding of UP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.47. In the meantime, Its Debt-to-Equity ratio is 2.20 whereas as Long-Term Debt/Eq ratio is at 2.03.
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 Sep 13 when Briffa Mark sold 9,904 shares for $3.64 per share. The transaction valued at 36,051 led to the insider holds 69,017 shares of the business.
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 2.03B and an Enterprise Value of 2.10B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 3.12. Its current Enterprise Value per Revenue stands at 1.49 whereas that against EBITDA is -3.95.
Stock Price History:
Over the past 52 weeks, UP has reached a high of $12.10, while it has fallen to a 52-week low of $0.98. The 50-Day Moving Average of the stock is 3.5318, while the 200-Day Moving Average is calculated to be 2.4023.
Shares Statistics:
The stock has traded on average 1.36M shares per day over the past 3-months and 646.48k shares per day over the last 10 days, according to various share statistics. A total of 696.77M shares are outstanding, with a floating share count of 344.16M. Insiders hold about 50.61% of the company’s shares, while institutions hold 48.11% stake in the company. Shares short for UP as of Feb 15, 2024 were 4.02M with a Short Ratio of 2.97, compared to 3.15M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.58% and a Short% of Float of 0.73%.
