U-Haul (NASDAQ:UHAL) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

U-Haul Holding (NASDAQ:UHAL - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $67.41 and traded as high as $75.44. U-Haul shares last traded at $74.53, with a volume of 80,542 shares.

U-Haul Price Performance

The business's fifty day moving average price is $72.07 and its 200 day moving average price is $67.41. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.18 and a quick ratio of 1.99. The stock has a market cap of $14.49 billion, a P/E ratio of 24.52 and a beta of 1.09.

U-Haul (NASDAQ:UHAL - Get Free Report) last posted its earnings results on Wednesday, August 7th. The transportation company reported $1.00 earnings per share for the quarter, missing analysts' consensus estimates of $1.20 by ($0.20). U-Haul had a return on equity of 7.76% and a net margin of 9.92%. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the previous year, the firm posted $1.27 EPS. Sell-side analysts forecast that U-Haul Holding will post 2.7 EPS for the current fiscal year.

Institutional Trading of U-Haul

Hedge funds have recently made changes to their positions in the company. Old West Investment Management LLC increased its holdings in U-Haul by 9.5% in the second quarter. Old West Investment Management LLC now owns 112,804 shares of the transportation company's stock valued at $6,963,000 after purchasing an additional 9,751 shares during the period. Motley Fool Asset Management LLC lifted its stake in shares of U-Haul by 290.5% in the first quarter. Motley Fool Asset Management LLC now owns 12,004 shares of the transportation company's stock worth $811,000 after acquiring an additional 8,930 shares during the period. Diversified Trust Co bought a new position in U-Haul during the 2nd quarter worth approximately $248,000. Lodestone Wealth Management LLC lifted its position in shares of U-Haul by 26.1% in the 1st quarter. Lodestone Wealth Management LLC now owns 4,259 shares of the transportation company's stock worth $288,000 after purchasing an additional 881 shares during the period. Finally, Clearbridge Investments LLC bought a new stake in shares of U-Haul in the 1st quarter valued at $358,000. 3.63% of the stock is owned by institutional investors and hedge funds.

U-Haul Company Profile

U-Haul Holding Company operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.