Wheels Up Experience Inc. (NYSE:UP - Get Free Report)'s stock price gapped up before the market opened on Monday . The stock had previously closed at $1.23, but opened at $1.30. Wheels Up Experience shares last traded at $1.16, with a volume of 282,476 shares.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered shares of Wheels Up Experience from a "hold" rating to a "sell" rating in a report on Saturday, June 21st.
Read Our Latest Report on Wheels Up Experience
Wheels Up Experience Trading Down 11.8%
The stock has a 50-day simple moving average of $1.34 and a 200 day simple moving average of $1.35. The company has a market cap of $758.19 million, a price-to-earnings ratio of -2.21 and a beta of 2.38.
Wheels Up Experience (NYSE:UP - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported ($0.11) earnings per share (EPS) for the quarter. The firm had revenue of $177.53 million during the quarter.
Hedge Funds Weigh In On Wheels Up Experience
Institutional investors have recently bought and sold shares of the business. Marshall Wace LLP acquired a new stake in shares of Wheels Up Experience in the fourth quarter worth $115,000. Wells Fargo & Company MN boosted its holdings in Wheels Up Experience by 49.6% in the fourth quarter. Wells Fargo & Company MN now owns 43,147 shares of the company's stock valued at $71,000 after purchasing an additional 14,299 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in Wheels Up Experience by 48,303.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 75,025 shares of the company's stock valued at $119,000 after purchasing an additional 74,870 shares during the last quarter. First Trust Advisors LP acquired a new stake in Wheels Up Experience during the 4th quarter worth about $1,264,000. Finally, Corient Private Wealth LLC purchased a new position in shares of Wheels Up Experience during the 4th quarter valued at about $339,000. 98.20% of the stock is owned by hedge funds and other institutional investors.
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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