Wheels Up Experience Inc. (NYSE:UP - Get Free Report) shares dropped 3.1% during trading on Wednesday . The stock traded as low as $1.39 and last traded at $1.40. Approximately 324,776 shares were traded during trading, a decline of 69% from the average daily volume of 1,064,291 shares. The stock had previously closed at $1.44.
Wheels Up Experience Trading Down 9.8%
The stock has a market cap of $907.73 million, a P/E ratio of -2.65 and a beta of 2.38. The business has a 50-day simple moving average of $1.26 and a 200 day simple moving average of $1.40.
Wheels Up Experience (NYSE:UP - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported ($0.11) earnings per share for the quarter. The business had revenue of $177.53 million for the quarter.
Hedge Funds Weigh In On Wheels Up Experience
Hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in shares of Wheels Up Experience by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 1,978,652 shares of the company's stock valued at $3,266,000 after acquiring an additional 13,372 shares during the period. Northern Trust Corp grew its position in Wheels Up Experience by 10.7% in the 4th quarter. Northern Trust Corp now owns 840,804 shares of the company's stock valued at $1,387,000 after purchasing an additional 81,293 shares during the period. First Trust Advisors LP bought a new stake in Wheels Up Experience during the 4th quarter valued at $1,264,000. Corient Private Wealth LLC acquired a new position in Wheels Up Experience during the fourth quarter worth $339,000. Finally, AQR Capital Management LLC bought a new position in shares of Wheels Up Experience in the first quarter valued at $156,000. Institutional investors and hedge funds 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 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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