NASDAQ:UCL

uCloudlink Group (UCL) Stock Price, News & Analysis

$1.44
+0.07 (+5.11%)
(As of 04/23/2024 ET)
Today's Range
$1.38
$1.47
50-Day Range
$1.32
$1.84
52-Week Range
$1.17
$4.78
Volume
4,030 shs
Average Volume
35,593 shs
Market Capitalization
$53.93 million
P/E Ratio
18.00
Dividend Yield
N/A
Price Target
N/A
UCL stock logo

About uCloudlink Group Stock (NASDAQ:UCL)

uCloudlink Group Inc. operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies. It also offers uCloudlink 2.0, a model that provides mobile data connectivity services to local users through various MNOs; GlocalMe Inside, an implementation solution for smartphones and other smart hardware products, which enables them to access its cloud SIM architecture and SIM card pool; and GlocalMe, a world phone series. In addition, the company provides IoT modules with GlocalMe Inside implementation to meet the demand for mobile data from various terminals, as well as provides integrated network solutions to its customers; SIM cards with prepaid data packages; and value-added services, such as advertisement. Further, it's platform-as-a-service/software-as-a-service offers modules, such as customer relationship management, operations and business support system, and SIM card enterprise resource planning and management. uCloudlink Group Inc. was incorporated in 2014 and is headquartered in Tsim Sha Tsui, Hong Kong.

UCL Stock Price History

UCL Stock News Headlines

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Company Calendar

Last Earnings
3/14/2024
Today
4/24/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:UCL
Fax
N/A
Employees
393
Year Founded
N/A

Profitability

Net Income
$2.81 million
Pretax Margin
2.95%

Debt

Sales & Book Value

Annual Sales
$85.58 million
Cash Flow
$0.11 per share
Book Value
$0.43 per share

Miscellaneous

Free Float
17,002,000
Market Cap
$53.93 million
Optionable
Not Optionable
Beta
4.50
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Key Executives

  • Mr. Chaohui Chen (Age 55)
    CEO & Director
  • Mr. Yimeng Shi (Age 50)
    CFO & Compliance Officer
  • Mr. Zhihui Gong (Age 53)
    CTO & Cybersecurity Officer
  • Mr. Hui Xiao
    Legal Manager
  • Mr. Wen Gao (Age 53)
    Chief Strategy Officer
  • Jillian Zeng
    Investor Relations Contact

UCL Stock Analysis - Frequently Asked Questions

Should I buy or sell uCloudlink Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for uCloudlink Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" UCL shares.
View UCL analyst ratings
or view top-rated stocks.

How have UCL shares performed in 2024?

uCloudlink Group's stock was trading at $1.75 at the beginning of the year. Since then, UCL stock has decreased by 17.7% and is now trading at $1.44.
View the best growth stocks for 2024 here
.

Are investors shorting uCloudlink Group?

uCloudlink Group saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 7,600 shares, an increase of 35.7% from the March 15th total of 5,600 shares. Based on an average daily volume of 25,600 shares, the days-to-cover ratio is currently 0.3 days.
View uCloudlink Group's Short Interest
.

When is uCloudlink Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our UCL earnings forecast
.

How were uCloudlink Group's earnings last quarter?

uCloudlink Group Inc. (NASDAQ:UCL) released its quarterly earnings results on Thursday, March, 14th. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.10. The business earned $21.73 million during the quarter, compared to the consensus estimate of $23.58 million. uCloudlink Group had a trailing twelve-month return on equity of 18.58% and a net margin of 3.28%.

What guidance has uCloudlink Group issued on next quarter's earnings?

uCloudlink Group updated its first quarter 2024 earnings guidance on Thursday, March, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $17.5 million-$18.5 million, compared to the consensus revenue estimate of $22.0 million.

When did uCloudlink Group IPO?

uCloudlink Group (UCL) raised $50 million in an initial public offering (IPO) on Wednesday, June 10th 2020. The company issued 2,600,000 shares at a price of $18.00-$20.50 per share. I-Bankers Securities and Valuable Capital Limited acted as the underwriters for the IPO and Tiger Brokers and Loop Capital Markets were co-managers.

How do I buy shares of uCloudlink Group?

Shares of UCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:UCL) was last updated on 4/24/2024 by MarketBeat.com Staff

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