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uCloudlink Group Inc. Sponsored ADR (NASDAQ:UCL) Short Interest Update

uCloudlink Group logo with Business Services background

Key Points

  • uCloudlink Group's short interest increased by 61.3% in September, rising from 6,200 to 10,000 shares, indicating heightened bearish sentiment among investors.
  • Despite the increase in short interest, uCloudlink's stock rose 2.3%, trading at $2.21, with significant fluctuations between a 52-week low of $0.80 and a high of $4.19.
  • The company reported revenue of $19.38 million for the last quarter, falling short of analyst expectations of $23 million, alongside earnings per share meeting the consensus estimate at $0.02.
  • MarketBeat previews the top five stocks to own by November 1st.

uCloudlink Group Inc. Sponsored ADR (NASDAQ:UCL - Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 10,000 shares, a growth of 61.3% from the August 31st total of 6,200 shares. Based on an average daily volume of 137,900 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 137,900 shares, the short-interest ratio is currently 0.1 days.

uCloudlink Group Stock Up 2.3%

Shares of uCloudlink Group stock traded up $0.05 during trading on Monday, hitting $2.21. 27,321 shares of the stock traded hands, compared to its average volume of 102,372. The firm's fifty day moving average is $2.93 and its 200-day moving average is $2.02. uCloudlink Group has a 52 week low of $0.80 and a 52 week high of $4.19. The stock has a market cap of $83.54 million, a price-to-earnings ratio of 44.20 and a beta of 4.30.

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

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Weiss Ratings reissued a "hold (c-)" rating on shares of uCloudlink Group in a report on Saturday, September 27th. Wall Street Zen upgraded uCloudlink Group from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of "Hold".

Check Out Our Latest Stock Report on UCL

About uCloudlink Group

(Get Free Report)

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.

See Also

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