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 -8.35% away from its 52-week high, while its distance from the 52-week low is 50.95%. The stock’s price range during this period has varied between $59.33 and $97.71. The company, active in the Technology sector, saw a trading volume of around 26.17 million for the day, considerably higher average daily volume of 20.98 million observed over the last three months.
Uber Technologies Inc (UBER) currently has a stock price of $89.56. The stock saw a sharp increase in the last trading session, hitting a high of $150.0 after opening at $89.56. The lowest recorded price for the day was $82.0 before it closed at $92.67.
The market performance of Uber Technologies Inc has been somewhat stable.
How Financial Performance Impacts Market Capitalization
Uber Technologies Inc (UBER) has experienced a quarterly rise of 8.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 186.77B and boasts a workforce of 31100 employees.
Decoding Analysts’ Ratings for Uber Technologies Inc
As of right now, 33 analysts are rating Uber Technologies Inc as a BUY, 9 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts are 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
Based on Barchart.com data, the company’s moving average over the 100-day period was 84.08, with a change in price of +16.83. Similarly, Uber Technologies Inc recorded 20,802,404 in trading volume during the last 100 days, posting a change of +23.14%.
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 0.55. Similarly, the long-term debt-to-equity ratio is also 0.49.
UBER Stock Stochastic Average
As of today, the raw stochastic average of Uber Technologies Inc over the last 50 days is at 48.57%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 41.15%. Further, the company’s Stochastic %K and %D values for the last 20 days were 45.42% and 39.11%, 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. Year to date metric has recorded a gain of 38.06%.However, over the last six months, we can see a weaker performance of 27.96%. Over the last 30 days, the price of UBER has leaped by -7.10%. And in the last five days, it has surged by 3.05%.
