With 1.03 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.24 million shares. The 52-week range on UMAC shows that it touched its highest point at $23.62 and its lowest point at $0.98 during that stretch. It currently has a 1-year price target of $14.00. Beta for the stock currently stands at 41.61.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UMAC was down-trending over the past week, with a drop of -1.88%, but this was down by -11.43% over a month. Three-month performance surged to 256.21% while six-month performance rose 691.03%. The stock gained 227.71% in the past year, while it has lost -31.81% so far this year.
Float and Shares Shorts:
At present, 13.91 million UMAC shares are outstanding with a float of 11.14 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UMAC since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.38 being high and -$0.7 being low. For UMAC, this leads to a yearly average estimate of -$0.54. Based on analyst estimates, the high estimate for the next quarter is -$0.15 and the low estimate is -$0.15. The average estimate for the next quarter is thus -$0.15.
