As of Thursday close, Uber Technologies Inc.’s (NYSE:UBER) stock was up $0.87, moving up 4.05 percent to $22.37. The average number of shares traded per day over the past five days has been 39,332,422 shares. 3 times new highs have been achieved over the past 5 days, with a $0.34 gain in that time frame. In the last twenty days, the average volume was 33,758,297, while in the previous 50 days, it was 37,179,984.
Since last month, UBER stock retreated -5.93%. Shares of the company fell to $20.16 on 06/16/22, the lowest level in the past month. A 52-week high of $52.36 was reached on 01/05/22 after having rallying from a 52-week low of $20.16. Since the beginning of this year, UBER’s stock price has dropped by -46.65% or -$19.56, and marked a new high 3 times. However, the stock has declined by -57.28% since its 52-week high.
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Uber Technologies Inc. (UBER) last reported insider trading activity 49 days ago on May 06. KHOSROWSHAHI DARA, the Chief Executive Officer of the company, purchased of 200,000 shares for $26.73 on May 06. It resulted in a $5,345,520 investment by the insider. KHOSROWSHAHI DARA added 200,000 shares at an average price of $44.92 on Nov 15. The insider now owns 1,178,200 shares following the transaction. On Jul 02, West Tony sold 6,500 shares at $50.51 apiece. The transaction was valued at $328,315.
In the three months ended March 30, Uber Technologies 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 1.04. On the profitability front, the trailing twelve-month gross margin is 36.00% percent. In the year ended March 30, operating margins totaled -13.90%. Based on annual data, UBER earned $8.1 billion in gross profit and brought in $17.45 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 -6.90%. Return on equity (ROE) for the past 12 months was -49.10%.
In Uber Technologies Inc.’s quarter-end financial report for March 30, it reported total debt of $9.27 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. UBER’s revenue rose 57.65% to $5.78 billion during the quarter, while net income inched up to $6.85 billion. While analysts expected Uber Technologies Inc. to report -$0.24 quarterly earnings, the actual figure was -$3.03 per share, beating the consensus estimate by -1,162.50%. During the quarter, the company generated -$215.0 million in EBITDA. The liabilities of Uber Technologies Inc. were 23.2 billion at the end of its most recent quarter ended March 30, and its total debt was $11.42 billion. The value of shareholders’ equity is $1.96 billion.
This quick technical analysis looks at Uber Technologies Inc.’s (UBER) price momentum. With a historical volatility rate of 83.91%, the RSI 9-day stood at 47.20% on 23 June.
With respect to its five-day moving average, the current Uber Technologies Inc. price is up by +1.54% percent or $0.34. At present, UBER shares trade +3.81% above its 20-day simple moving average and -36.47% percent below its 100-day simple moving average. However, the stock is currently trading approximately -30.18% below its SMA50 and -45.37% below its SMA200.
Stochastic coefficient K was 26.35% and Stochastic coefficient D was 24.97%, while ATR was 1.36. Given the Stochastic reading of 33.89% for the 14-day period, the RSI (14) reading has been calculated as 44.76%. As of today, the MACD Oscillator reading stands at 0.06, while the 14-day reading stands at -1.11.
Uber Technologies Inc. (UBER) has been rated Buy by analysts. According to 1 brokerage firm, UBER is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate Uber Technologies Inc. stock as buy, with 35 recommending it as overweight.
With a median target price of $50.00, the current consensus forecast for the stock is $28.00 – $74.00. Based on these forecasts, analysts predict Uber Technologies Inc. (UBER) will achieve an average price target of $48.79.