Wheels Up Experience Inc. (NYSE:UP - Get Free Report)'s share price rose 5.3% on Tuesday . The company traded as high as $2.20 and last traded at $2.20. Approximately 309,235 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 1,028,137 shares. The stock had previously closed at $2.09.
Wheels Up Experience Stock Up 4.1 %
The firm's 50 day simple moving average is $2.06 and its 200-day simple moving average is $2.38. The company has a current ratio of 0.33, a quick ratio of 0.31 and a debt-to-equity ratio of 238.01. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of -0.22 and a beta of 2.23.
Wheels Up Experience (NYSE:UP - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.13) earnings per share for the quarter. Wheels Up Experience had a negative net margin of 43.79% and a negative return on equity of 796.67%. The company had revenue of $196.29 million during the quarter.
Hedge Funds Weigh In On Wheels Up Experience
Several hedge funds and other institutional investors have recently made changes to their positions in UP. Quadrature Capital Ltd acquired a new stake in Wheels Up Experience in the 4th quarter valued at about $34,000. Cannon Global Investment Management LLC acquired a new stake in shares of Wheels Up Experience in the first quarter valued at approximately $145,000. CCG Wealth Management LLC bought a new position in shares of Wheels Up Experience during the 1st quarter worth approximately $287,000. Fifth Lane Capital LP acquired a new position in shares of Wheels Up Experience during the 1st quarter worth approximately $45,000. Finally, Susquehanna Fundamental Investments LLC bought a new stake in Wheels Up Experience in the 1st quarter valued at $67,000. 98.20% of the stock is owned by institutional investors.
About Wheels Up Experience
(
Get Free Report)
Wheels Up Experience Inc provides private aviation services in the United States and internationally. The company offers membership programs consisting of Connect that offers members variable dynamic pricing on a per trip basis and flexibility on their schedule; Core for private flyers; and UP for Business for small and medium enterprise, and large corporate customers for whom it is primary provider of private flights, as well as supplementary solution to their own aircraft operations.
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