In the past week, UP stock has gone down by -0.71%, with a monthly decline of -18.71% and a quarterly plunge of -4.14%. The volatility ratio for the week is 16.43%, and the volatility levels for the last 30 days are 12.23% for Wheels Up Experience Inc The simple moving average for the past 20 days is 0.14% for UP’s stock, with a -66.78% simple moving average for the past 200 days.
Is It Worth Investing in Wheels Up Experience Inc (NYSE: UP) Right Now?
The 36-month beta value for UP is also noteworthy at 1.46. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for UP is $32.00, which is $30.61 above than the current price. The public float for UP is 78.17M, and at present, short sellers hold a 3.59% of that float. The average trading volume of UP on November 16, 2023 was 1.01M shares.
UP) stock’s latest price update
Wheels Up Experience Inc (NYSE: UP) has experienced a rise in its stock price by 11.20 compared to its previous closing price of 1.25. However, the company has seen a fall of -0.71% in its stock price over the last five trading days. Seeking Alpha reported 2023-11-09 that Wheels Up Experience Inc. (NYSE:UP ) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Keith Ferguson – Investor Relations George Mattson – Chief Executive Officer Todd Smith – Chief Financial Officer & Interim Chief Executive Officer Conference Call Participants Operator Welcome to Wheels Up Third Quarter 2023 Earnings Conference Webcast. It is my pleasure to introduce Keith Ferguson.
Analysts’ Opinion of UP
Many brokerage firms have already submitted their reports for UP stocks, with Goldman repeating the rating for UP by listing it as a “Buy.” The predicted price for UP in the upcoming period, according to Goldman is $5 based on the research report published on June 15, 2022 of the previous year 2022.
UP Trading at -28.91% from the 50-Day Moving Average
After a stumble in the market that brought UP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.37% of loss for the given period.
Volatility was left at 12.23%, however, over the last 30 days, the volatility rate increased by 16.43%, as shares sank -14.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -37.10% lower at present.
During the last 5 trading sessions, UP fell by -0.71%, which changed the moving average for the period of 200-days by -88.70% in comparison to the 20-day moving average, which settled at $1.3765. In addition, Wheels Up Experience Inc saw -86.50% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UP starting from Briffa Mark, who sale 9,904 shares at the price of $3.64 back on Sep 13. After this action, Briffa Mark now owns 69,017 shares of Wheels Up Experience Inc, valued at $36,051 using the latest closing price.
Smith Todd Lamar, the Chief Financial Officer of Wheels Up Experience Inc, sale 273,504 shares at $1.04 during a trade that took place back on Jan 03, which means that Smith Todd Lamar is holding 1,777,778 shares at $283,897 based on the most recent closing price.
Stock Fundamentals for UP
Current profitability levels for the company are sitting at:
- -22.33 for the present operating margin
- -1.68 for the gross margin
The net margin for Wheels Up Experience Inc stands at -35.14. The total capital return value is set at -48.02, while invested capital returns managed to touch -80.78. Equity return is now at value -217.72, with -41.96 for asset returns.
Based on Wheels Up Experience Inc (UP), the company’s capital structure generated 145.26 points at debt to equity in total, while total debt to capital is 59.23. Total debt to assets is 19.03, with long-term debt to equity ratio resting at 122.65. Finally, the long-term debt to capital ratio is 50.01.
When we switch over and look at the enterprise to sales, we see a ratio of -0.01, with the company’s debt to enterprise value settled at 11.06. The receivables turnover for the company is 15.38 and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.60.
Conclusion
In summary, Wheels Up Experience Inc (UP) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.