The stock of Unusual Machines Inc (AMEX: UMAC) has decreased by -12.69 when compared to last closing price of 3.23.Despite this, the company has seen a gain of 43.88% in its stock price over the last five trading days. accesswire.com reported 2024-11-08 that ORLANDO, FL / ACCESSWIRE / November 8, 2024 / Unusual Machines, Inc. (NYSE American:UMAC) (the “Company”), a leader in the American drone industry, will host a webcast on Thursday, November 14, at 4:30 p.m. ET to discuss the Company’s operational and financial highlights for the third quarter ended September 30, 2024.
Is It Worth Investing in Unusual Machines Inc (AMEX: UMAC) Right Now?
Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for UMAC is 3.13M and currently, short sellers hold a 0.17% of that float. On November 13, 2024, UMAC’s average trading volume was 88.03K shares.
UMAC’s Market Performance
The stock of Unusual Machines Inc (UMAC) has seen a 43.88% increase in the past week, with a 90.54% rise in the past month, and a 65.88% gain in the past quarter. The volatility ratio for the week is 29.47%, and the volatility levels for the past 30 days are at 14.87% for UMAC. The simple moving average for the past 20 days is 48.19% for UMAC’s stock, with a 62.24% simple moving average for the past 200 days.
UMAC Trading at 65.35% from the 50-Day Moving Average
After a stumble in the market that brought UMAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.10% of loss for the given period.
Volatility was left at 14.87%, however, over the last 30 days, the volatility rate increased by 29.47%, as shares surge +88.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +55.80% upper at present.
During the last 5 trading sessions, UMAC rose by +43.88%, in comparison to the 20-day moving average, which settled at $1.90. In addition, Unusual Machines Inc saw -6.93% 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 UMAC starting from Lowry Robert Paul, who purchase 32,895 shares at the price of $1.52 back on Oct 30 ’24. After this action, Lowry Robert Paul now owns 73,502 shares of Unusual Machines Inc, valued at $50,000 using the latest closing price.
Evans Allan Thomas, the Chief Executive Officer of Unusual Machines Inc, purchase 65,789 shares at $1.52 during a trade that took place back on Oct 30 ’24, which means that Evans Allan Thomas is holding 90,789 shares at $99,999 based on the most recent closing price.
Stock Fundamentals for UMAC
Current profitability levels for the company are sitting at:
- 1.64 for the present operating margin
- 1.69 for the gross margin
The net margin for Unusual Machines Inc stands at 1.67. The total capital return value is set at -0.14. Equity return is now at value -36.81, with -29.67 for asset returns.
Based on Unusual Machines Inc (UMAC), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at -0.77. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is -56.96.
Currently, EBITDA for the company is -1.79 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 -9.39. The receivables turnover for the company is -208.54for trailing twelve months and the total asset turnover is -0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.50.
Conclusion
To wrap up, the performance of Unusual Machines Inc (UMAC) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
