Upland Software Inc (UPLD) Shares Soar Above 1-Year High

Upland Software Inc (NASDAQ: UPLD) has experienced a rise in its stock price by 26.48 compared to its previous closing price of 2.53. However, the company has seen a gain of 17.22% in its stock price over the last five trading days. zacks.com reported 2024-11-18 that UPLD, VLRS, UAA, FFIC and ANGI have been added to the Zacks Rank #1 (Strong Buy) List on November 18, 2024.

Is It Worth Investing in Upland Software Inc (NASDAQ: UPLD) Right Now?

The 36-month beta value for UPLD is also noteworthy at 1.16. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”

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The public float for UPLD is 22.18M, and at present, short sellers hold a 0.99% of that float. The average trading volume of UPLD on November 19, 2024 was 123.72K shares.

UPLD’s Market Performance

The stock of Upland Software Inc (UPLD) has seen a 17.22% increase in the past week, with a 36.17% rise in the past month, and a 45.45% gain in the past quarter. The volatility ratio for the week is 10.35%, and the volatility levels for the past 30 days are at 7.08% for UPLD. The simple moving average for the past 20 days is 34.02% for UPLD’s stock, with a 22.00% simple moving average for the past 200 days.

Analysts’ Opinion of UPLD

Many brokerage firms have already submitted their reports for UPLD stocks, with ROTH MKM repeating the rating for UPLD by listing it as a “Sell.” The predicted price for UPLD in the upcoming period, according to ROTH MKM is $3.50 based on the research report published on November 10, 2023 of the previous year 2023.

Truist, on the other hand, stated in their research note that they expect to see UPLD reach a price target of $9, previously predicting the price at $11. The rating they have provided for UPLD stocks is “Hold” according to the report published on February 24th, 2023.

ROTH MKM gave a rating of “Neutral” to UPLD, setting the target price at $8 in the report published on February 24th of the previous year.

UPLD Trading at 32.32% from the 50-Day Moving Average

After a stumble in the market that brought UPLD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.37% of loss for the given period.

Volatility was left at 7.08%, however, over the last 30 days, the volatility rate increased by 10.35%, as shares surge +38.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +45.45% upper at present.

During the last 5 trading sessions, UPLD rose by +17.22%, which changed the moving average for the period of 200-days by -26.27% in comparison to the 20-day moving average, which settled at $2.39. In addition, Upland Software Inc saw -24.35% 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 UPLD starting from Mattox Timothy, who sale 18,000 shares at the price of $2.50 back on Nov 14 ’24. After this action, Mattox Timothy now owns 416,776 shares of Upland Software Inc, valued at $45,061 using the latest closing price.

Mattox Timothy, the Director of Upland Software Inc, sale 2,000 shares at $2.64 during a trade that took place back on Nov 13 ’24, which means that Mattox Timothy is holding 434,776 shares at $5,272 based on the most recent closing price.

Stock Fundamentals for UPLD

Current profitability levels for the company are sitting at:

  • -0.08 for the present operating margin
  • 0.56 for the gross margin

The net margin for Upland Software Inc stands at -0.45. The total capital return value is set at -0.05. Equity return is now at value -166.77, with -17.30 for asset returns.

Based on Upland Software Inc (UPLD), the company’s capital structure generated 0.71 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 2.43. The interest coverage ratio of the stock is -1.59.

Currently, EBITDA for the company is -96.99 million with net debt to EBITDA at -4.67. When we switch over and look at the enterprise to sales, we see a ratio of 1.18. The receivables turnover for the company is 7.24for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.91.

Conclusion

In summary, Upland Software Inc (UPLD) has had a mixed performance as of late. Analysts have bullish 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.

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