Unusual Machines Inc (AMEX: UMAC) is 291.09% higher on its value in year-to-date trading and has touched a low of $0.98 and a high of $23.62 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 UMAC stock was last observed hovering at around $15.07 in the last trading session, with the day’s loss setting it -3.22%.
Currently trading at $11.85, the stock is 117.27% and 281.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.8 million and changing -21.37% at the moment leaves the stock 474.51% off its SMA200. UMAC registered a gain of 693.44% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $2.9019 and a 200-day simple moving average (SMA200) of $2.018325.
The stock witnessed a 547.54% loss in the last 1 month and extending the period to 3 months gives it a 562.01%, and is 100.51% up 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 49.57% over the week and 32.32% over the month.
Unusual Machines Inc (UMAC) has around 3 employees, a market worth around $98.36M and $3.56M in sales. Profit margin for the company is -164.77%. Distance from 52-week low is 1109.18% and -49.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.07%).
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Unusual Machines Inc (UMAC) Top Institutional Holders
The shares outstanding are 6.18M, and float is at 4.74M with Short Float at 0.45%.
Unusual Machines Inc (UMAC) Insider Activity
The most recent transaction is an insider sale by Thompson Jeffrey M, the company’s Director. SEC filings show that Thompson Jeffrey M sold 40,000 shares of the company’s common stock on Dec 03 ’24 at a price of $12.65 per share for a total of $0.51 million. Following the sale, the insider now owns 0.33 million shares.
Still, SEC filings show that on Oct 30 ’24, Lowry Robert Paul (Director) acquired 32,895 shares at an average price of $1.52 for $50000.0. The insider now directly holds 73,502 shares of Unusual Machines Inc (UMAC).
