Wheels Up Experience (NYSE:UP - Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.11) EPS for the quarter, Zacks reports. The company had revenue of $177.53 million during the quarter. Wheels Up Experience had a negative return on equity of 796.67% and a negative net margin of 39.97%.
Wheels Up Experience Stock Down 9.8 %
UP traded down $0.12 during midday trading on Monday, reaching $1.06. The company had a trading volume of 560,427 shares, compared to its average volume of 1,053,162. The business has a 50-day moving average of $0.99 and a two-hundred day moving average of $1.55. Wheels Up Experience has a 1 year low of $0.74 and a 1 year high of $4.59. The company has a market cap of $737.23 million, a P/E ratio of -2.11 and a beta of 2.35.
Insider Activity
In other news, CEO of Air Partner Mark Briffa sold 28,717 shares of the firm's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $1.06, for a total transaction of $30,440.02. Following the sale, the insider now directly owns 1,090,971 shares in the company, valued at $1,156,429.26. This trade represents a 2.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.13% of the company's stock.
Wheels Up Experience Company Profile
(
Get Free Report)
Wheels Up Experience Inc provides private aviation services in the United States and internationally. The company offers Wheels Up Membership program that consists of two primary membership categories, such as Individual membership for individual and business fliers; and UP for Business membership consists of small and medium enterprise, and custom enterprise solutions for business fliers that tend to spend at higher levels.
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