Unusual Machines Inc (AMEX: UMAC) is -32.88% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UMAC stock was last observed hovering at around $12.01 in the last trading session, with the day’s loss setting it -0.72%.
Currently trading at $11.29, the stock is -19.23% and -0.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing -6.00% at the moment leaves the stock 179.71% off its SMA200. UMAC registered a gain of 506.99% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $11.2056 and a 200-day simple moving average (SMA200) of $3.98932.
The stock witnessed a -35.63% loss in the last 1 month and extending the period to 3 months gives it a 601.24%, and is -22.14% 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 8.98% over the week and 14.20% over the month.
Unusual Machines Inc (UMAC) has around 3 employees, a market worth around $170.73M and $3.56M in sales. Profit margin for the company is -164.77%. Distance from 52-week low is 1052.04% and -52.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.07%).
The shares outstanding are 13.91M, and float is at 11.30M with Short Float at 6.91%.
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).
