U-Haul (NASDAQ:UHAL) Shares Pass Above 200-Day Moving Average - Should You Sell?

Shares of U-Haul Holding (NASDAQ:UHAL - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $69.85 and traded as high as $69.93. U-Haul shares last traded at $69.01, with a volume of 92,170 shares trading hands.

U-Haul Stock Performance

The company has a debt-to-equity ratio of 0.88, a current ratio of 2.33 and a quick ratio of 2.16. The stock has a market cap of $13.63 billion, a PE ratio of 29.96 and a beta of 1.09. The business has a 50 day moving average price of $71.59 and a two-hundred day moving average price of $69.89.

U-Haul (NASDAQ:UHAL - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The transportation company reported $0.91 EPS for the quarter, missing analysts' consensus estimates of $1.37 by ($0.46). The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.69 billion. U-Haul had a net margin of 8.39% and a return on equity of 6.46%. During the same quarter in the prior year, the company earned $1.36 earnings per share. As a group, equities research analysts forecast that U-Haul Holding will post 2.31 EPS for the current fiscal year.

Institutional Trading of U-Haul

Several large investors have recently modified their holdings of the business. Motley Fool Asset Management LLC bought a new stake in shares of U-Haul in the 3rd quarter worth approximately $201,000. Legacy Capital Group California Inc. purchased a new stake in U-Haul in the third quarter worth $244,000. Anthracite Investment Company Inc. bought a new stake in U-Haul in the third quarter valued at $269,000. Atom Investors LP purchased a new position in U-Haul during the 3rd quarter valued at $301,000. Finally, Granite Bay Wealth Management LLC bought a new position in U-Haul in the 2nd quarter worth $308,000. 3.63% of the stock is owned by institutional investors.

U-Haul Company Profile

U-Haul Holding Co engages in the insurance and moving and storage businesses. It operates through the following business segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment includes the rental of trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces.