U-Haul (NASDAQ:UHAL) Share Price Crosses Above 200 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 $71.16 and traded as high as $72.49. U-Haul shares last traded at $70.87, with a volume of 137,022 shares changing hands.

U-Haul Stock Performance

The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.16 and a current ratio of 2.33. The company has a market capitalization of $13.83 billion, a P/E ratio of 30.40 and a beta of 1.09. The firm has a 50 day moving average price of $71.05 and a two-hundred day moving average price of $71.24.

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

Institutional Investors Weigh In On U-Haul

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Lord Abbett & CO. LLC acquired a new position in U-Haul during the 3rd quarter worth about $17,358,000. Old West Investment Management LLC grew its stake in shares of U-Haul by 11.7% during the third quarter. Old West Investment Management LLC now owns 125,947 shares of the transportation company's stock valued at $9,758,000 after purchasing an additional 13,143 shares during the last quarter. Asset Planning Inc acquired a new stake in shares of U-Haul in the fourth quarter valued at approximately $491,000. Childress Capital Advisors LLC bought a new position in U-Haul in the 3rd quarter worth approximately $387,000. Finally, Verition Fund Management LLC lifted its holdings in U-Haul by 93.6% during the 3rd quarter. Verition Fund Management LLC now owns 8,371 shares of the transportation company's stock worth $649,000 after buying an additional 4,047 shares in the last quarter. 3.63% of the stock is owned by institutional investors and hedge funds.

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.