Uber Technologies Inc (NYSE: UBER) is 22.27% higher on its value in year-to-date trading and has touched a low of $29.22 and a high of $82.14 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UBER stock was last observed hovering at around $76.18 in the last trading session, with the day’s loss setting it -0.9%.
Currently trading at $75.28, the stock is -2.30% and -1.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.58 million and changing -1.18% at the moment leaves the stock 31.96% off its SMA200. UBER registered 146.09% gain for a year compared to 6-month gain of 61.41%.
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The stock witnessed a -3.80% loss in the last 1 month and extending the period to 3 months gives it a 18.61%, and is -2.44% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.71% over the week and 2.90% over the month.
Uber Technologies Inc (UBER) has around 30400 employees, a market worth around $156.70B and $37.28B in sales. Current P/E ratio is 85.82 and Fwd P/E is 37.56. Profit margin for the company is 5.06%. Distance from 52-week low is 157.63% and -8.35% from its 52-week high. The company has generated returns on investments over the last 12 months (8.36%).
The EPS is expected to grow by 44.57% this year.
Uber Technologies Inc (UBER) Top Institutional Holders
The shares outstanding are 2.07B, and float is at 2.00B with Short Float at 2.71%.
Uber Technologies Inc (UBER) Insider Activity
The most recent transaction is an insider sale by Hazelbaker Jill. SEC filings show that Hazelbaker Jill sold 20,000 shares of the company’s common stock on Feb 14 ’24 at a price of $77.83 per share for a total of $1.56 million. Following the sale, the insider now owns 0.11 million shares.
Uber Technologies Inc disclosed in a document filed with the SEC on Feb 12 ’24 that West Tonysold a total of 18,750 shares of the company’s common stock. The trade occurred on Feb 12 ’24 and was made at $70.08 per share for $1.31 million. Following the transaction, the insider now directly holds 0.19 million shares of the UBER stock.
Still, SEC filings show that on Nov 14 ’23, KHOSROWSHAHI DARA (Chief Executive Officer) disposed off 100,000 shares at an average price of $52.84 for $5.28 million. The insider now directly holds 1,016,243 shares of Uber Technologies Inc (UBER).
