Uber Technologies Inc. (NYSE: UBER)’s stock price has decreased by -1.88 compared to its previous closing price of 38.66. However, the company has seen a 0.25% increase in its stock price over the last five trading sessions. MarketWatch.com reported on 05/22/23 that ‘Don’t Call Me Karen’: Uber diversity head suspended over events highlighting white women’s struggles
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and a 36-month beta value of 1.15. Opinions on the stock are mixed, with 38 analysts rating it as a “buy,” 5 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The average price predicted for Uber Technologies Inc. (UBER) by analysts is $49.63, which is $10.99 above the current market price. The public float for UBER is 1.99B, and at present, short sellers hold a 2.66% of that float. On May 24, 2023, the average trading volume of UBER was 23.45M shares.
UBER’s Market Performance
The stock of Uber Technologies Inc. (UBER) has seen a 0.25% increase in the past week, with a 28.20% rise in the past month, and a 10.05% gain in the past quarter. The volatility ratio for the week is 2.85%, and the volatility levels for the past 30 days are at 3.20% for UBER. The simple moving average for the past 20 days is 3.21% for UBER’s stock, with a 24.45% simple moving average for the past 200 days.
UBER Trading at 13.13% 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 -6.33% of loss for the given period.
Volatility was left at 3.20%, however, over the last 30 days, the volatility rate increased by 2.85%, as shares surge +28.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.99% upper at present.
During the last 5 trading sessions, UBER rose by +0.90%, which changed the moving average for the period of 200-days by +19.87% in comparison to the 20-day moving average, which settled at $37.18. In addition, Uber Technologies Inc. saw 53.40% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UBER starting from West Tony, who sale 12,501 shares at the price of $37.85 back on May 08. After this action, West Tony now owns 181,750 shares of Uber Technologies Inc., valued at $473,163 using the latest closing price.
West Tony sale 4,167 shares at $32.00 during a trade that took place back on Mar 15, which means that West Tony is holding 166,499 shares at $133,344 based on the most recent closing price.
Stock Fundamentals for UBER
Current profitability levels for the company are sitting at:
- -3.29 for the present operating margin
- +28.69 for the gross margin
The net margin for Uber Technologies Inc. stands at -28.68. The total capital return value is set at -4.45, while invested capital returns managed to touch -41.57. Equity return is now at value -48.60, with -10.60 for asset returns.
Based on Uber Technologies Inc. (UBER), the company’s capital structure generated 159.63 points at debt to equity in total, while total debt to capital is 61.48. Total debt to assets is 36.49, with long-term debt to equity ratio resting at 152.89. Finally, the long-term debt to capital ratio is 58.89.
When we switch over and look at the enterprise to sales, we see a ratio of 2.54, with the company’s debt to enterprise value settled at 0.21. The receivables turnover for the company is 9.84 and the total asset turnover is 0.90. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.
Conclusion
To sum up, Uber Technologies Inc. (UBER) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
