Ucloudlink Group Inc ADR (NASDAQ: UCL) is -26.19% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UCL stock was last observed hovering at around $1.34 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $1.55, the stock is -15.00% and 5.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.72 million and changing 15.67% at the moment leaves the stock 5.70% off its SMA200. UCL registered 2.65% gain for a year compared to 6-month loss of -1.27%. The firm has a 50-day simple moving average (SMA 50) of $1.46772 and a 200-day simple moving average (SMA200) of $1.466855.
The stock witnessed a 30.52% gain in the last 1 month and extending the period to 3 months gives it a 20.16%, and is 5.44% 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 19.04% over the week and 30.13% over the month.
Ucloudlink Group Inc ADR (UCL) has around 393 employees, a market worth around $39.12M and $87.41M in sales. Current P/E ratio is 13.83 and Fwd P/E is 155.00. Profit margin for the company is 4.84%. Distance from 52-week low is 59.79% and -53.03% from its 52-week high. The company has generated returns on investments over the last 12 months (18.38%).
with sales reaching $25M over the same period.The EPS is expected to shrink by -56.35% this year, but quarterly earnings will post 5.96% year-over-year. Quarterly sales are estimated to grow 15.05% in year-over-year returns.
Ucloudlink Group Inc ADR (UCL) Top Institutional Holders
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.
Ucloudlink Group Inc ADR (UCL) Insider Activity
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