Ucloudlink Group Inc ADR (NASDAQ: UCL) is 20.00% higher on its value in year-to-date trading and has touched a low of $0.97 and a high of $3.30 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 UCL stock was last observed hovering at around $2.90 in the last trading session, with the day’s loss setting it -0.8%.
Currently trading at $2.10, the stock is 48.47% and 65.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing -27.59% at the moment leaves the stock 44.84% off its SMA200. UCL registered -9.87% loss for a year compared to 6-month loss of 11.70%. The firm has a 50-day simple moving average (SMA 50) of $1.25208 and a 200-day simple moving average (SMA200) of $1.447325.
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The stock witnessed a 61.54% gain in the last 1 month and extending the period to 3 months gives it a 64.06%, and is 68.00% 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 59.25% over the week and 22.59% over the month.
Ucloudlink Group Inc ADR (UCL) has around 393 employees, a market worth around $53.00M and $87.41M in sales. Current P/E ratio is 18.73 and Fwd P/E is 210.00. Profit margin for the company is 4.84%. Distance from 52-week low is 116.49% and -36.36% from its 52-week high. The company has generated returns on investments over the last 12 months (18.38%).
The EPS is expected to shrink by -56.35% this year
The top institutional shareholder in the company is MORGAN STANLEY with over 99141.0 shares valued at $0.18 million. The investor’s holdings represent 0.2645 of the UCL Shares outstanding. As of 2024-06-30, the second largest holder is RENAISSANCE TECHNOLOGIES LLC with 30005.0 shares valued at $55809.0 to account for 0.0801 of the shares outstanding.
