Uber Technologies Inc (NYSE: UBER) is -1.36% lower on its value in year-to-date trading and has touched a low of $54.84 and a high of $87.00 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 UBER stock was last observed hovering at around $60.21 in the last trading session, with the day’s gains setting it 0.52%.
Currently trading at $60.73, the stock is -8.30% and -15.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 26.02 million and changing 0.86% at the moment leaves the stock -14.81% off its SMA200. UBER registered 0.08% gain for a year compared to 6-month loss of -13.91%. The firm has a 50-day simple moving average (SMA 50) of $72.0366 and a 200-day simple moving average (SMA200) of $71.28955.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -12.74% gain in the last 1 month and extending the period to 3 months gives it a -18.71%, and is 1.33% 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 3.31% over the week and 3.51% over the month.
Uber Technologies Inc (UBER) has around 30400 employees, a market worth around $128.98B and $41.95B in sales. Current P/E ratio is 29.72 and Fwd P/E is 25.52. Profit margin for the company is 10.49%. Distance from 52-week low is 10.74% and -30.20% from its 52-week high. The company has generated returns on investments over the last 12 months (16.15%).
with sales reaching $11.77B over the same period.The EPS is expected to grow by 108.18% this year, but quarterly earnings will post 17.23% year-over-year. Quarterly sales are estimated to grow 18.46% in year-over-year returns.
Uber Technologies Inc (UBER) Top Institutional Holders
2419.0 institutions hold shares in Uber Technologies Inc (UBER), with institutional investors hold 84.09% of the company’s shares. The shares outstanding are 2.10B, and float is at 2.02B with Short Float at 2.99%. Institutions hold 83.94% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 176.19 million shares valued at $12.81 billion. The investor’s holdings represent 8.4771% of the UBER Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 147.47 million shares valued at $10.72 billion to account for 7.0951 of the shares outstanding. The other top investors are FMR LLC which holds 104.3 million shares representing 5.0182% and valued at over $7.58 billion, while MORGAN STANLEY holds 4.7072 of the shares totaling 97.84 million with a market value of $7.11 billion.
Uber Technologies Inc (UBER) Insider Activity
The most recent transaction is an insider sale by Hazelbaker Jill. SEC filings show that Hazelbaker Jill sold 27,780 shares of the company’s common stock on Nov 25 ’24 at a price of $72.90 per share for a total of $2.03 million. Following the sale, the insider now owns 0.11 million shares.
Still, SEC filings show that on Sep 16 ’24, Hazelbaker Jill () disposed off 40,000 shares at an average price of $72.00 for $2.88 million. The insider now directly holds 127,352 shares of Uber Technologies Inc (UBER).
