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Our Attention Has Been Attracted to Wheels Up Experience Inc. (NYSE:UP)

Wheels Up Experience Inc. (UP)’s stock is trading at $2.00 at the moment marking a fall of -8.06% from the last session close. As of this writing, shares are priced at -86.70% less than their 52-week high of $15.00, and -4.32% over their 52-week low of $2.09.

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The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, UP’s SMA-200 is $4.56.

As an additional measure, we should look at the company’s price-to-sales ratio for the past year, which is 0.39 at the moment. UP’s price to book ratio for the most recent quarter was 0.80, resulting in an 1.10 price to cash per share for the period.

How does Wheels Up Experience Inc. (UP) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 6 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.50 in simple terms.

Wheels Up Experience Inc. (UP): Earnings History

If we examine Wheels Up Experience Inc.’s recent earnings history, in the last quarter ended on 9/29/2021, it posted adjusted earnings per share of -$0.12, beating the consensus of -$0.11. In other words, it beat the consensus by -$0.01, resulting in a -9.10% surprise. In the 3 months period before the previous quarter which was closed on 9/29/2021, the stock recorded adjusted earnings per share of -$0.12 in contrast with the Outlook of -$0.11. That was a difference of -$0.01 and a surprise of -9.10%.

Wheels Up Experience Inc. (NYSE: UP) Ownership Details

I will give a breakdown of the key shareholders in Wheels Up Experience Inc. (UP). Recent figures show that the company’s insiders hold 8.89% of shares. A total of 219 institutional investors hold shares in the company, making 58.07% of its stock and 63.73% of its float.

Dec 30, 2021, it was reported that the Company’s largest institutional holder is Delta Air Lines Inc holding total of 52.0 million shares that make 21.29% of the company’s total number of shares and are currently priced at 241.28 million.

The securities firm Delta Air Lines Inc holds 52.0 million shares of UP, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 21.29%, and the holding percentage of shares is valued at 241.28 million.

An overview of Wheels Up Experience Inc.’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Wheels Up Experience Inc. (UP) traded 1,695,057 shares per day, with a moving average of $2.47 and price change of -0.47. With the moving average of $2.78 and a price change of -1.10, about 1,788,329 shares changed hands on average over the past 50 days. Finally, UP’s 100-day average volume is 2,160,090 shares, alongside a moving average of $3.12 and a price change of -1.85.

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