The stock of U Power Ltd (NASDAQ: UCAR) has increased by 8.50 when compared to last closing price of 4.47.Despite this, the company has seen a loss of -12.45% in its stock price over the last five trading days. InvestorPlace reported 2024-04-08 that U Power (NASDAQ: UCAR ) stock is rising higher on Monday after the electric vehicle (EV) company announced plans to launch its commercial battery swap service. A press release from U Power reveals that the company is going to launch this service sometime this month.
Is It Worth Investing in U Power Ltd (NASDAQ: UCAR) Right Now?
Additionally, the 36-month beta value for UCAR is 2.07.
The public float for UCAR is 2.01M and currently, short sellers hold a 2.70% ratio of that float. The average trading volume of UCAR on April 18, 2024 was 568.31K shares.
UCAR’s Market Performance
UCAR stock saw a decrease of -12.45% in the past week, with a monthly decline of -4.72% and a quarterly a decrease of -58.90%. The volatility ratio for the week is 12.68%, and the volatility levels for the last 30 days are 18.04% for U Power Ltd (UCAR). The simple moving average for the past 20 days is -9.28% for UCAR’s stock, with a -97.94% simple moving average for the past 200 days.
UCAR Trading at -24.97% from the 50-Day Moving Average
After a stumble in the market that brought UCAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.94% of loss for the given period.
Volatility was left at 18.04%, however, over the last 30 days, the volatility rate increased by 12.68%, as shares sank -2.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.91% lower at present.
During the last 5 trading sessions, UCAR fell by -12.45%, which changed the moving average for the period of 200-days by -99.32% in comparison to the 20-day moving average, which settled at $5.34. In addition, U Power Ltd saw -73.57% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for UCAR
Current profitability levels for the company are sitting at:
- -7.22 for the present operating margin
- 0.34 for the gross margin
The net margin for U Power Ltd stands at -5.89. The total capital return value is set at -0.25.
Based on U Power Ltd (UCAR), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at -0.36. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is -73.62.
Currently, EBITDA for the company is -49.19 million with net debt to EBITDA at -0.63. When we switch over and look at the enterprise to sales, we see a ratio of 15.08. The receivables turnover for the company is 4.49for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.40.
Conclusion
In conclusion, U Power Ltd (UCAR) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
