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Uber Technologies Inc. (UBER): Ready for an explosive trading day

Let’s start up with the current stock price of Uber Technologies Inc. (UBER), which is $31.58 to be very precise. The Stock rose vividly during the last session to $32.90 after opening rate of $31.59 while the lowest price it went was recorded $31.55 before closing at $32.73.Recently in News on March 7, 2023, Uber Eats Partners with Tampa International Airport to Bring Mobile Ordering to Consumers. Starting this March, travelers and airport workers will be able to order ahead and skip the line at more than 20 airport concession locations. You can read further details here

Uber Technologies Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $37.58 on 02/08/23, with the lowest value was $19.90 for the same time period, recorded on 06/30/22.

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Uber Technologies Inc. (UBER) full year performance was -3.17%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Uber Technologies Inc. shares are logging -15.98% during the 52-week period from high price, and 58.71% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $19.90 and $37.58.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 7206309 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Uber Technologies Inc. (UBER) recorded performance in the market was 27.68%, having the revenues showcasing 14.94% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 68.34B, as it employees total of 32800 workers.

Uber Technologies Inc. (UBER) in the eye of market guru’s

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 29.70, with a change in the price was noted +3.72. In a similar fashion, Uber Technologies Inc. posted a movement of +13.28% for the period of last 100 days, recording 24,039,088 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for UBER is recording 1.26 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.26.

Uber Technologies Inc. (UBER): Stocks Technical analysis and Trends

Raw Stochastic average of Uber Technologies Inc. in the period of last 50 days is set at 52.05%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 28.27%. In the last 20 days, the company’s Stochastic %K was 32.90% and its Stochastic %D was recorded 31.33%.

If we look into the earlier routines of Uber Technologies Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 27.68%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -4.69%, alongside a downfall of -3.17% for the period of the last 12 months. The shares increased approximately by 1.49% in the 7-day charts and went up by -12.85% in the period of the last 30 days. Common stock shares were driven by 14.94% during last recorded quarter.

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