uCloudlink Group (NASDAQ:UCL - Get Free Report) was downgraded by Weiss Ratings from a "hold (c-)" rating to a "sell (d+)" rating in a research note issued to investors on Wednesday,Weiss Ratings reports.
Separately, Wall Street Zen upgraded uCloudlink Group from a "sell" rating to a "hold" rating in a research report on Saturday, September 13th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of "Sell".
Read Our Latest Research Report on UCL
uCloudlink Group Price Performance
NASDAQ:UCL remained flat at $2.30 during mid-day trading on Wednesday. 34,537 shares of the company were exchanged, compared to its average volume of 55,113. The stock has a market capitalization of $86.94 million, a price-to-earnings ratio of 46.00 and a beta of 4.30. The business's 50 day moving average is $2.90 and its two-hundred day moving average is $2.03. uCloudlink Group has a 1-year low of $0.80 and a 1-year high of $4.19.
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, meeting the consensus estimate of $0.02. uCloudlink Group had a net margin of 2.19% and a return on equity of 8.89%. The company had revenue of $19.38 million during the quarter, compared to the consensus estimate of $23.00 million. uCloudlink Group has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts expect that uCloudlink Group will post 0.1 earnings per share for the current fiscal year.
uCloudlink Group Company Profile
(
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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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