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UBER’s Debt-to-Equity Ratio at 0.90: What It Means for Uber Technologies Inc’s Future

ZM Stock

The market performance of Uber Technologies Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $87.00 on 10/11/24, while the lowest value for the same duration was $54.84 on 08/05/24.

52-week price history of UBER Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Uber Technologies Inc’s current trading price is -21.32% away from its 52-week high, while its distance from the 52-week low is 24.83%. The stock’s price range during the 52-week period has remained between $54.84 and $87.00. In the Technology sector, the company’s shares saw a trading volume of around 9.5 million for the day, which was evidently lower than the average daily volume of 25.22 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Uber Technologies Inc (UBER) has experienced a quarterly decline of -13.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 144.15B and boasts a workforce of 30400 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 70.76, with a change in price of -1.31. Similarly, Uber Technologies Inc recorded 21,833,945 in trading volume during the last 100 days, posting a change of -1.88%.

Examining UBER’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for UBER stands at 0.90. Similarly, the long-term debt-to-equity ratio is also 0.84.

UBER Stock Stochastic Average

As of today, Uber Technologies Inc’s raw stochastic average for the last 50 days stands at 64.42%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 81.05%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 71.61% and 70.92%, respectively.

UBER Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 13.49%. However, over the last six months, the performance has been weaker by 12.18%. The price of UBER increased 13.49% over the last 30 days. And in the last five days, it has fallen by -0.46%.

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