At the last check on Thursday, Upland Software Inc.’s (NASDAQ:UPLD) stock was up $0.71, moving up 24.12 percent to $3.65. The average number of shares traded per day over the past five days has been 344,222 shares. 5 times new highs have been achieved over the past 5 days, with a $1.06 gain in that time frame. In the last twenty days, the average volume was 308,960, while in the previous 50 days, it was 382,178.
Since last month, UPLD stock rose 3.66%. Shares of the company fell to $2.42 on 08/21/23, the lowest level in the past month. A 52-week high of $10.73 was reached on 02/02/23 after having rallying from a 52-week low of $2.42. Since the beginning of this year, UPLD’s stock price has dropped by -48.82% or -$3.52, and marked a new high 9 times. However, the stock has declined by -65.99% since its 52-week high.
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UPLD stock investors should be aware that Upland Software Inc. (UPLD) stock had its last reported insider trading activity 171 days ago on Mar 13. MCDONALD JOHN T, the CEO of the company, purchased of 10,000 shares for $4.75 on Mar 13. It resulted in a $47,500 investment by the insider. MCDONALD JOHN T added 10,000 shares at an average price of $4.80 on Mar 10. The insider now owns 253,738 shares following the transaction. On Dec 19, Chief Business Officer Burk Ian sold 6,266 shares at $7.52 apiece. The transaction was valued at $47,120.
Valuation Metrics
The stock’s beta is 0.97. Besides these, the trailing price-to-sales (P/S) ratio of 0.39, the price-to-book (PB) ratio of 0.71, and the price-to-cash flow ratio of 4.09 may also be considered.
Financial Health
In the three months ended June 29, Upland Software Inc.’s quick ratio stood at 2.40, while its current ratio was 2.40, 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 June 29 was 3.04, and the total debt-to-equity ratio was 3.06. On the profitability front, the trailing twelve-month gross margin is 67.00% percent. In the year ended June 29, EBITDA margin amounted to 15.75%, whereas operating margins totaled -52.10%. Based on annual data, UPLD earned $213.56 million in gross profit and brought in $317.3 million 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 -4.70%. Return on equity (ROE) for the past 12 months was -79.30%.
In Upland Software Inc.’s quarter-end financial report for June 29, it reported total debt of $510.16 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. UPLD’s revenue fell -7.95% to $77.06 million during the quarter, while net income inched up to $74.32 million. While analysts expected Upland Software Inc. to report $0.23 quarterly earnings, the actual figure was $0.22 per share, beating the consensus estimate by -4.30%. During the quarter, the company generated $12.21 million in EBITDA. The liabilities of Upland Software Inc. were 788.19 million at the end of its most recent quarter ended June 29, and its total debt was $518.71 million. The value of shareholders’ equity is $32.66 million.
Technical Picture
This quick technical analysis looks at Upland Software Inc.’s (UPLD) price momentum. With a historical volatility rate of 109.84%, the RSI 9-day stood at 74.12% on 30 August.
With respect to its five-day moving average, the current Upland Software Inc. price is up by +41.21% percent or $1.06. At present, UPLD shares trade +5.39% above its 20-day simple moving average and -10.07% percent below its 100-day simple moving average. However, the stock is currently trading approximately +16.61% above its SMA50 and -55.54% below its SMA200.
Stochastic coefficient K was 69.81% and Stochastic coefficient D was 49.29%, while ATR was 0.27. Given the Stochastic reading of 83.51% for the 14-day period, the RSI (14) reading has been calculated as 63.90%. As of today, the MACD Oscillator reading stands at 0.34, while the 14-day reading stands at 0.35.
Analyst Ratings
Upland Software Inc. downgraded its rating on Upland Software Inc. (NASDAQ: UPLD) to a Hold in a note to investors on February 24, 2023. The analysts firm previously had a Buy rating on the stock.Upland Software Inc. (UPLD) has been rated Hold by analysts. According to 0 brokerage firms, UPLD is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Upland Software Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $4.00, the current consensus forecast for the stock is $3.50 – $7.00. Based on these forecasts, analysts predict Upland Software Inc. (UPLD) will achieve an average price target of $4.60.
