Wheels Up Experience Inc. (NYSE:UP - Get Free Report)'s stock price was up 12.3% on Tuesday . The stock traded as high as $1.24 and last traded at $1.24. Approximately 403,417 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 1,016,056 shares. The stock had previously closed at $1.10.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised shares of Wheels Up Experience from a "sell" rating to a "hold" rating in a research report on Saturday, July 5th.
View Our Latest Stock Analysis on Wheels Up Experience
Wheels Up Experience Price Performance
The firm's fifty day simple moving average is $1.40 and its 200 day simple moving average is $1.31. The company has a market capitalization of $1.13 billion, a PE ratio of -3.29 and a beta of 2.30.
Wheels Up Experience (NYSE:UP - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $177.53 million during the quarter.
Hedge Funds Weigh In On Wheels Up Experience
A number of large investors have recently bought and sold shares of the business. Marshall Wace LLP acquired a new position in shares of Wheels Up Experience during the fourth quarter valued at approximately $115,000. Wells Fargo & Company MN raised its position in shares of 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 buying an additional 14,299 shares during the last quarter. CIBC Private Wealth Group LLC lifted its position in Wheels Up Experience by 48,303.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 75,025 shares of the company's stock worth $119,000 after buying an additional 74,870 shares in the last quarter. First Trust Advisors LP acquired a new stake in Wheels Up Experience in the 4th quarter valued at approximately $1,264,000. Finally, Corient Private Wealth LLC acquired a new stake in shares of Wheels Up Experience in the fourth quarter valued at $339,000. 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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