In the past week, UBER stock has gone up by 3.69%, with a monthly decline of -9.09% and a quarterly plunge of -1.26%. The volatility ratio for the week is 2.79%, and the volatility levels for the last 30 days are 3.08% for Uber Technologies Inc The simple moving average for the last 20 days is 0.50% for UBER’s stock, with a simple moving average of -0.24% for the last 200 days.
Is It Worth Investing in Uber Technologies Inc (NYSE: UBER) Right Now?
The price-to-earnings ratio for Uber Technologies Inc (NYSE: UBER) is 35.34x, which is above its average ratio. Moreover, the 36-month beta value for UBER is 1.33. Analysts have varying opinions on the stock, with 35 analysts rating it as a “buy,” 14 as “overweight,” 7 as “hold,” and 0 as “sell.”
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The public float for UBER is 2.02B and currently, short sellers hold a 2.88% of that float. On November 29, 2024, UBER’s average trading volume was 17.19M shares.
UBER) stock’s latest price update
Uber Technologies Inc (NYSE: UBER) has experienced a rise in its stock price by 0.82 compared to its previous closing price of 71.62. However, the company has seen a gain of 3.69% in its stock price over the last five trading days. zacks.com reported 2024-11-29 that Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Analysts’ Opinion of UBER
Daiwa Securities gave a rating of “Neutral” to UBER, setting the target price at $84 in the report published on October 17th of the current year.
UBER Trading at -4.21% 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 -17.00% of loss for the given period.
Volatility was left at 3.08%, however, over the last 30 days, the volatility rate increased by 2.79%, as shares surge +0.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.83% lower at present.
During the last 5 trading sessions, UBER rose by +3.96%, which changed the moving average for the period of 200-days by -8.53% in comparison to the 20-day moving average, which settled at $71.86. In addition, Uber Technologies Inc saw 17.28% 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 Hazelbaker Jill, who sale 27,780 shares at the price of $72.90 back on Nov 25 ’24. After this action, Hazelbaker Jill now owns 107,289 shares of Uber Technologies Inc, valued at $2,025,165 using the latest closing price.
Jill Hazelbaker, the Officer of Uber Technologies Inc, proposed sale 109,637 shares at $74.36 during a trade that took place back on Nov 07 ’24, which means that Jill Hazelbaker is holding shares at $8,152,607 based on the most recent closing price.
Stock Fundamentals for UBER
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.37 for the gross margin
The net margin for Uber Technologies Inc stands at 0.1. The total capital return value is set at 0.08. Equity return is now at value 36.47, with 10.60 for asset returns.
Based on Uber Technologies Inc (UBER), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.53. The debt to equity ratio resting at 0.8. The interest coverage ratio of the stock is 5.04.
Currently, EBITDA for the company is 1.93 billion with net debt to EBITDA at 1.21. When we switch over and look at the enterprise to sales, we see a ratio of 3.77. The receivables turnover for the company is 10.02for trailing twelve months and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.
Conclusion
To wrap up, the performance of Uber Technologies Inc (UBER) has been mixed in recent times. The stock has received a mixed 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.
