Wheels Up Experience Inc. (NYSE:UP - Get Free Report)'s stock price shot up 5.2% during trading on Thursday . The stock traded as high as $2.93 and last traded at $2.85. 553,442 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 878,661 shares. The stock had previously closed at $2.71.
Wheels Up Experience Stock Performance
The company has a debt-to-equity ratio of 2.41, a current ratio of 0.48 and a quick ratio of 0.45. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of -0.19 and a beta of 2.21. The firm has a fifty day moving average of $3.01 and a 200 day moving average of $2.62.
Wheels Up Experience (NYSE:UP - Get Free Report) last posted its earnings results on Thursday, March 7th. The company reported ($0.13) EPS for the quarter, beating analysts' consensus estimates of ($2.60) by $2.47. Wheels Up Experience had a negative return on equity of 291.29% and a negative net margin of 38.89%. The company had revenue of $246.38 million for the quarter.
Insider Buying and Selling at Wheels Up Experience
In other Wheels Up Experience news, insider Laura Heltebran sold 28,413 shares of Wheels Up Experience stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $2.54, for a total value of $72,169.02. Following the sale, the insider now owns 37,707 shares in the company, valued at $95,775.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.27% of the company's stock.
Institutional Investors Weigh In On Wheels Up Experience
Institutional investors and hedge funds have recently modified their holdings of the company. American Financial Advisors LLC purchased a new stake in shares of Wheels Up Experience in the 4th quarter valued at $34,000. Quadrature Capital Ltd purchased a new stake in shares of Wheels Up Experience in the 4th quarter valued at $34,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Wheels Up Experience in the 4th quarter valued at $36,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Wheels Up Experience in the 1st quarter valued at $34,000. Finally, Victory Capital Management Inc. purchased a new stake in shares of Wheels Up Experience in the 4th quarter valued at $38,000. Hedge funds and other institutional investors own 98.20% of the company's stock.
About Wheels Up Experience
(
Get Free Report)
Wheels Up Experience Inc provides private aviation services in the United States and internationally. The company offers membership programs consisting of Connect that offers members variable dynamic pricing on a per trip basis and flexibility on their schedule; Core for private flyers; and UP for Business for small and medium enterprise, and large corporate customers for whom it is primary provider of private flights, as well as supplementary solution to their own aircraft operations.
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