Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Uber Technologies Inc’s current trading price is -16.02% away from its 52-week high, while its distance from the 52-week low is 136.07%. The stock’s price range during this period has varied between $29.22 and $82.14. The company, active in the Technology sector, saw a trading volume of around 26.79 million for the day, considerably higher average daily volume of 18.46 million observed over the last three months.
Uber Technologies Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $82.14 on 03/04/24, while the lowest price during the same period was $29.22 on 04/27/23.
How Financial Performance Impacts Market Capitalization
Uber Technologies Inc (UBER) has experienced a quarterly rise of 6.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 143.58B and boasts a workforce of 30400 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 69.61, with a change in price of +12.92. Similarly, Uber Technologies Inc recorded 25,414,836 in trading volume during the last 100 days, posting a change of +23.05%.
How UBER’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for UBER stands at 1.05. Similarly, the long-term debt-to-equity ratio is also 1.01.
UBER Stock Stochastic Average
As of today, the raw stochastic average of Uber Technologies Inc over the last 50 days is at 14.71%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 4.74%. Further, the company’s Stochastic %K and %D values for the last 20 days were 5.82% and 7.87%, respectively.
UBER Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 12.04%. However, over the past six months, we’ve seen a weaker performance of 61.47%. The price of UBER leaped by -14.04% over the last 30 days. And in the last five days, it has fallen by -6.02%.
