uCloudlink Group Inc. Sponsored ADR (NASDAQ:UCL) Sees Large Drop in Short Interest

Key Points

• uCloudlink Group Inc. experienced a significant decrease in short interest, dropping by 28.0% to 7,200 shares as of September 30th.
• The company's stock opened at $2.18 and has a market capitalization of $82.40 million, with a 12-month performance range from $0.80 to $4.19.
• Wall Street analysts have mixed views on uCloudlink, with a consensus rating of "Sell", although some firms recently adjusted their positions on the stock.

uCloudlink Group Inc. Sponsored ADR (NASDAQ:UCL - Get Free Report) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 7,200 shares, a drop of 28.0% from the September 15th total of 10,000 shares. Based on an average trading volume of 138,500 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 138,500 shares, the days-to-cover ratio is currently 0.1 days.

uCloudlink Group Trading Up 1.9%

Shares of UCL opened at $2.18 on Thursday. The company has a market capitalization of $82.40 million, a PE ratio of 43.60 and a beta of 4.30. uCloudlink Group has a 12 month low of $0.80 and a 12 month high of $4.19. The stock's 50-day moving average price is $2.70 and its two-hundred day moving average price is $2.09.

uCloudlink Group (NASDAQ:UCL - Get Free Report) last announced its earnings results on Wednesday, August 13th. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. The firm had revenue of $19.38 million for the quarter, compared to the consensus estimate of $23.00 million. uCloudlink Group had a return on equity of 8.89% and a net margin of 2.19%. uCloudlink Group has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that uCloudlink Group will post 0.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UCL has been the topic of several recent research reports. Wall Street Zen raised uCloudlink Group from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Weiss Ratings downgraded uCloudlink Group from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of "Sell".

About uCloudlink Group

uCloudlink Group Inc operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies.

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