As of Thursday close, United Airlines Holdings Inc.’s (NASDAQ:UAL) stock was down -$0.91, moving down -2.48 percent to $35.81. The average number of shares traded per day over the past five days has been 13,195,920 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.08 fall in that time frame. In the last twenty days, the average volume was 12,495,080, while in the previous 50 days, it was 13,983,128.
Since last month, UAL stock retreated -20.00%. Shares of the company fell to $33.86 on 06/17/22, the lowest level in the past month. A 52-week high of $55.49 was reached on 04/22/22 after having rallying from a 52-week low of $30.54. Since the beginning of this year, UAL’s stock price has dropped by -18.20% or -$7.97, and marked a new high 13 times. However, the stock has declined by -35.47% since its 52-week high.
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United Airlines Holdings Inc. (UAL) last reported insider trading activity 10 days ago on Jun 14. Roitman Jonathan, the EVP & COO of the company, disposed of 13,939 shares for $36.85 on Jun 14. It resulted in a $513,667 divestment by the insider. SHAPIRO EDWARD added 50,000 shares at an average price of $37.69 on Jun 13. The insider now owns 100,000 shares following the transaction. On Jun 03, Director SHAPIRO EDWARD bought 25,000 shares at $44.21 apiece. The transaction was valued at $1,105,355.
The stock’s beta is 1.32. Besides these, the trailing price-to-sales (P/S) ratio of 0.39, the price-to-book (PB) ratio of 3.21, and the price-to-cash flow ratio of 10.88 may also be considered.
In the three months ended March 30, United Airlines Holdings Inc.’s quick ratio stood at 1.00, while its current ratio was 1.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 8.24, and the total debt-to-equity ratio was 9.09. On the profitability front, the trailing twelve-month gross margin is 53.20% percent. In the year ended March 30, operating margins totaled -3.50%. Based on annual data, UAL earned $15.42 billion in gross profit and brought in $24.63 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -1.10%. Return on equity (ROE) for the past 12 months was -41.80%.
In United Airlines Holdings Inc.’s quarter-end financial report for March 30, it reported total debt of $29.66 billion against cash and short-term investments of $211.0 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. UAL’s revenue rose 57.43% to $8.19 billion during the quarter, while net income inched up to $7.57 billion. While analysts expected United Airlines Holdings Inc. to report -$4.21 quarterly earnings, the actual figure was -$4.24 per share, beating the consensus estimate by -0.70%. During the quarter, the company generated -$1.38 billion in EBITDA. The liabilities of United Airlines Holdings Inc. were 65.41 billion at the end of its most recent quarter ended March 30, and its total debt was $40.3 billion. The value of shareholders’ equity is $326.73 million.
This quick technical analysis looks at United Airlines Holdings Inc.’s (UAL) price momentum. With a historical volatility rate of 72.23%, the RSI 9-day stood at 32.18% on 23 June.
With respect to its five-day moving average, the current United Airlines Holdings Inc. price is down by -5.49% percent or -$2.08. At present, UAL shares trade -13.86% below its 20-day simple moving average and -12.47% percent below its 100-day simple moving average. However, the stock is currently trading approximately -15.58% below its SMA50 and -23.10% below its SMA200.
Stochastic coefficient K was 18.69% and Stochastic coefficient D was 18.30%, while ATR was 2.32. Given the Stochastic reading of 15.33% for the 14-day period, the RSI (14) reading has been calculated as 35.47%. As of today, the MACD Oscillator reading stands at -0.67, while the 14-day reading stands at -3.38.
Wolfe Research upgraded its rating on United Airlines Holdings Inc. (NASDAQ: UAL) to a Peer perform in a note to investors on May 06, 2022. The analysts firm previously had an Underperform rating on the stock.United Airlines Holdings Inc. (UAL) has been rated Overweight by analysts. According to 1 brokerage firm, UAL is a sell, and 10 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate United Airlines Holdings Inc. stock as buy, with 9 recommending it as overweight.
With a median target price of $59.50, the current consensus forecast for the stock is $38.00 – $86.50. Based on these forecasts, analysts predict United Airlines Holdings Inc. (UAL) will achieve an average price target of $60.42.