With 0.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.31 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 $16.00. Beta for the stock currently stands at 32.36.
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 -2.57%, but this was down by -51.16% over a month. Three-month performance dropped to -44.49% while six-month performance rose 236.69%. The stock gained 106.91% in the past year, while it has lost -66.17% so far this year. A look at the trailing 12-month EPS for UMAC yields -1.00 with Next year EPS estimates of -0.23. For the next quarter, that number is -0.15. This implies an EPS growth rate of 31.61% for this year and 43.28% for next year.
Float and Shares Shorts:
At present, 15.12 million UMAC shares are outstanding with a float of 12.11 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 -$0.55333. 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.
