A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Unusual Machines Inc’s current trading price is -57.62% away from its 52-week high, while its distance from the 52-week low is 682.03%. The stock’s price range for this time frame has been between $1.28 and $23.62. The trading volume of the company’s shares in the Technology reached around 5.6 million for the day, which was evidently higher than the average daily volume of 4.26 million over the last three months.
Currently, the stock price of Unusual Machines Inc (UMAC) is $10.01. In the most recent trading session, the stock underwent a significant upswing, peaking at $20.0 after opening at $10.01. The stock touched a low of $16.0 before closing at $10.87.
Unusual Machines Inc’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
Unusual Machines Inc (UMAC) has experienced a quarterly rise of 97.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 303.18M and boasts a workforce of 18 employees.
Decoding Analysts’ Ratings for Unusual Machines Inc
As of right now, 1 analyst is rating Unusual Machines Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
How UMAC’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 UMAC stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.02.
UMAC Stock Stochastic Average
The raw stochastic average for Unusual Machines Inc over the last 50 days is presently at 8.07%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 21.53%. Further, the company’s Stochastic %K and %D values for the last 20 days were 14.64% and 11.30%, respectively.
UMAC Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 459.22%. However, over the past six months, we’ve seen a stronger performance of -25.69%. The price of UMAC fallen by 11.10% over the last 30 days. And in the last five days, it has fallen by -13.71%.
