Wheels Up Experience Inc. (NYSE:UP - Get Free Report) rose 4% during trading on Tuesday . The company traded as high as $1.43 and last traded at $1.43. Approximately 188,340 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 1,060,484 shares. The stock had previously closed at $1.37.
Wheels Up Experience Trading Up 7.7%
The stock's 50 day moving average is $1.25 and its two-hundred day moving average is $1.40. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of -2.95 and a beta of 2.38.
Wheels Up Experience (NYSE:UP - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported ($0.11) earnings per share for the quarter. Wheels Up Experience had a negative return on equity of 796.67% and a negative net margin of 39.97%. The business had revenue of $177.53 million during the quarter.
Hedge Funds Weigh In On Wheels Up Experience
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Marshall Wace LLP acquired a new position in shares of Wheels Up Experience during the 4th quarter worth approximately $115,000. Wells Fargo & Company MN grew its holdings in shares of Wheels Up Experience by 49.6% during the fourth quarter. Wells Fargo & Company MN now owns 43,147 shares of the company's stock worth $71,000 after buying an additional 14,299 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in Wheels Up Experience by 48,303.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 75,025 shares of the company's stock worth $119,000 after purchasing an additional 74,870 shares in the last quarter. First Trust Advisors LP acquired a new position in shares of Wheels Up Experience in the fourth quarter worth about $1,264,000. Finally, Corient Private Wealth LLC acquired a new position in shares of Wheels Up Experience in the 4th quarter valued at about $339,000. Institutional investors own 98.20% 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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