uCloudlink Group Inc. (NASDAQ:UCL) Short Interest Update

uCloudlink Group Inc. (NASDAQ:UCL - Get Free Report) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 3,800 shares, a decrease of 55.8% from the November 30th total of 8,600 shares. Based on an average trading volume of 143,100 shares, the short-interest ratio is presently 0.0 days.

uCloudlink Group Trading Up 20.0 %

UCL traded up $0.40 during midday trading on Friday, reaching $2.40. The company's stock had a trading volume of 668,173 shares, compared to its average volume of 61,030. The company has a fifty day simple moving average of $1.36 and a 200 day simple moving average of $1.44. The stock has a market cap of $89.88 million, a P/E ratio of 21.82 and a beta of 4.41. uCloudlink Group has a twelve month low of $0.97 and a twelve month high of $3.30.

uCloudlink Group (NASDAQ:UCL - Get Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.02. uCloudlink Group had a return on equity of 22.48% and a net margin of 4.84%. During the same period in the previous year, the business earned $0.01 earnings per share. Sell-side analysts expect that uCloudlink Group will post 0.01 earnings per share for the current year.

uCloudlink Group Company Profile

uCloudlink Group Inc operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies.