uCloudlink Group Inc. (NASDAQ:UCL) Short Interest Up 43.3% in November

uCloudlink Group Inc. (NASDAQ:UCL - Get Free Report) was the target of a significant increase in short interest in November. As of November 30th, there was short interest totalling 8,600 shares, an increase of 43.3% from the November 15th total of 6,000 shares. Based on an average daily volume of 23,200 shares, the short-interest ratio is presently 0.4 days.

uCloudlink Group Stock Up 7.2 %

Shares of uCloudlink Group stock traded up $0.09 on Friday, hitting $1.34. 16,166 shares of the company's stock traded hands, compared to its average volume of 25,652. The firm's 50-day moving average is $1.21 and its 200 day moving average is $1.42. The stock has a market cap of $50.18 million, a P/E ratio of 12.18 and a beta of 4.41. uCloudlink Group has a 52-week low of $0.97 and a 52-week high of $2.39.

uCloudlink Group (NASDAQ:UCL - Get Free Report) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $0.09 earnings per share (EPS) 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 quarter last year, the company posted $0.01 EPS. Equities research analysts forecast that uCloudlink Group will post 0.01 EPS 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.