Wheels Up Experience Inc [NYSE: UP] closed the trading session at $0.83.
The stocks have a year to date performance of -49.69 percent and weekly performance of 3.81 percent. The stock has been moved at -59.90 percent over the last six months. The stock has performed -25.88 percent around the most recent 30 days and changed -48.76 percent over the most recent 3-months.
If compared to the average trading volume of 791.95K shares, UP reached to a volume of 418933 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Wheels Up Experience Inc [UP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UP shares is $32.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UP stock is a recommendation set at 1.67. 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.
Goldman have made an estimate for Wheels Up Experience Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 15, 2022. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Peer Perform. The new note on the price target was released on February 16, 2022, representing the official price target for Wheels Up Experience Inc stock. Previously, the target price had yet another raise to $16, while Barrington Research analysts kept a Mkt Perform rating on UP stock.
The Average True Range (ATR) for Wheels Up Experience Inc is set at 0.09, with the Price to Sales ratio for UP stock in the period of the last 12 months amounting to 0.73.
UP stock trade performance evaluation
Wheels Up Experience Inc [UP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.81. With this latest performance, UP shares dropped by -25.88% in over the last four-week period, additionally sinking by -59.90% over the last 6 months – not to mention a drop of -68.68% in the past year of trading.
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 UP stock in for the last two-week period is set at 39.19, with the RSI for the last a single of trading hit 40.63, and the three-weeks RSI is set at 38.50 for Wheels Up Experience Inc [UP]. The present Moving Average for the last 50 days of trading for this stock 1.1314, while it was recorded at 0.8219 for the last single week of trading, and 1.9118 for the last 200 days.
Wheels Up Experience Inc [UP]: An insightful look at the core fundamentals
Wheels Up Experience Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.34 and a Current Ratio set at 0.36.
Wheels Up Experience Inc [UP]: Institutional Ownership
There are presently around $87.51%, or 101.25%% of UP stock, in the hands of institutional investors. The top three institutional holders of UP stocks are: DELTA AIR LINES, INC. with ownership of 263.37 million shares, which is approximately 37.7613%. KNIGHTHEAD CAPITAL MANAGEMENT, LLC, holding 258.13 million shares of the stock with an approximate value of $$487.94 million in UP stocks shares; and KNIGHTHEAD CAPITAL MANAGEMENT, LLC, currently with $$48.79 million in UP stock with ownership which is approximately 3.7016%.
