Unusual Machines Inc [AMEX: UMAC] price plunged by -19.54 percent to reach at -$3.66.
The one-year UMAC stock forecast points to a potential downside of -276.75. The average equity rating for UMAC stock is currently 1.00, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on Unusual Machines Inc [UMAC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UMAC shares is $4.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UMAC stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Unusual Machines Inc is set at 2.33, with the Price to Sales ratio for UMAC stock in the period of the last 12 months amounting to 66.54. The Price to Book ratio for the last quarter was 4.85, with the Price to Cash per share for the same quarter was set at 0.11.
UMAC Stock Performance Analysis:
Unusual Machines Inc [UMAC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 242.50. With this latest performance, UMAC shares gained by 705.88% in over the last four-week period, additionally plugging by 904.67% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UMAC stock in for the last two-week period is set at 76.60, with the RSI for the last a single of trading hit 75.81, and the three-weeks RSI is set at 76.78 for Unusual Machines Inc [UMAC]. The present Moving Average for the last 50 days of trading for this stock 2.90, while it was recorded at 10.99 for the last single week of trading, and 2.02 for the last 200 days.
Insight into Unusual Machines Inc Fundamentals:
Unusual Machines Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.95 and a Current Ratio set at 2.24.
