UWM Holdings Corporation (NYSE: UWMC) is -14.69% lower on its value in year-to-date trading and has touched a low of $4.49 and a high of $7.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UWMC stock was last observed hovering at around $6.11 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $6.10, the stock is -8.92% and -9.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing -0.16% at the moment leaves the stock 0.70% off its SMA200. UWMC registered 14.23% gain for a year compared to 6-month gain of 17.08%.
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The stock witnessed a -10.16% loss in the last 1 month and extending the period to 3 months gives it a 0.00%, and is -2.56% 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 3.33% over the week and 5.30% over the month.
UWM Holdings Corporation (UWMC) has around 6700 employees, a market worth around $576.51M and $2.17B in sales. Fwd P/E is 14.53. Profit margin for the company is -0.61%. Distance from 52-week low is 35.86% and -21.29% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.18%).
The EPS is expected to grow by 869.83% this year
The shares outstanding are 93.65M, and float is at 85.52M with Short Float at 18.97%.
UWM Holdings Corporation (UWMC) Insider Activity
The most recent transaction is an insider purchase by Verdun Robert, the company’s Director. SEC filings show that Verdun Robert bought 40,000 shares of the company’s common stock on Sep 13 ’23 at a price of $5.20 per share for a total of $0.21 million. Following the purchase, the insider now owns 0.2 million shares.
