Uber Technologies Inc. (NYSE:UBER) went down by -0.29% from its latest closing price compared to the recent 1-year high of $64.05. The company’s stock price has collected -5.45% of loss in the last five trading sessions. Barron’s reported on 04/30/21 that Are We There Yet? Self-Driving Has a Long Road Ahead.
Is It Worth Investing in Uber Technologies Inc. (NYSE :UBER) Right Now?
Opinions of the stock are interesting as 32 analysts out of 40 who provided ratings for Uber Technologies Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 5 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $72.26, which is $15.22 above the current price. UBER currently public float of 1.63B and currently shorts hold a 3.98% ratio of that float. Today, the average trading volume of UBER was 18.55M shares.
UBER’s Market Performance
UBER stocks went down by -5.45% for the week, with a monthly jump of 0.48% and a quarterly performance of 7.54%, while its annual performance rate touched 80.94%. The volatility ratio for the week stands at 4.35% while the volatility levels for the past 30 days are set at 3.71% for Uber Technologies Inc.. The simple moving average for the period of the last 20 days is -5.35% for UBER stocks with a simple moving average of 18.39% for the last 200 days.
Analysts’ Opinion of UBER
Many brokerage firms have already submitted their reports for UBER stocks, with Needham repeating the rating for UBER by listing it as a “Buy.” The predicted price for UBER in the upcoming period, according to Needham is $77 based on the research report published on April 27th of the current year 2021.
Nomura, on the other hand, stated in their research note that they expect to see UBER reach a price target of $80. The rating they have provided for UBER stocks is “Buy” according to the report published on April 20th, 2021.
Evercore ISI gave a rating of “Outperform” to UBER, setting the target price at $74 in the report published on April 06th of the current year.
UBER Trading at -2.96% from the 50-Day Moving Average
After a stumble in the market that brought UBER to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.49% of loss for the given period.
Volatility was left at 3.71%, however, over the last 30 days, the volatility rate increased by 4.35%, as shares sank -4.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.17% lower at present.
During the last 5 trading sessions, UBER fell by -5.45%, which changed the moving average for the period of 200-days by +66.93% in comparison to the 20-day moving average, which settled at $57.72. In addition, Uber Technologies Inc. saw 7.39% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at UBER starting from West Tony, who sale 6,500 shares at the price of $57.31 back on Apr 05. After this action, West Tony now owns 182,608 shares of Uber Technologies Inc., valued at $372,530 using the latest closing price.
Hazelbaker Jill, the See Remarks of Uber Technologies Inc., sale 20,756 shares at $60.12 during a trade that took place back on Feb 12, which means that Hazelbaker Jill is holding 126,953 shares at $1,247,851 based on the most recent closing price.
Stock Fundamentals for UBER
Current profitability levels for the company are sitting at:
- -38.82 for the present operating margin
- +35.38 for the gross margin
The net margin for Uber Technologies Inc. stands at -60.76. The total capital return value is set at -18.40, while invested capital returns managed to touch -31.40. Equity return is now at value -64.30, with -22.50 for asset returns.
Based on Uber Technologies Inc. (UBER), the company’s capital structure generated 84.58 points at debt to equity in total, while total debt to capital is 45.82. Total debt to assets is 31.20, with long-term debt to equity ratio resting at 76.18. Finally, the long-term debt to capital ratio is 41.27.
When we switch over and look at the enterprise to sales, we see a ratio of 8.46, with the company’s debt to enterprise value settled at 0.11. The receivables turnover for the company is 7.01 and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.