Wheels Up Experience Inc. (NYSE:UP - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $0.74 and last traded at $0.76, with a volume of 177901 shares traded. The stock had previously closed at $0.83.
Wheels Up Experience Price Performance
The business's fifty day moving average price is $1.05 and its 200-day moving average price is $1.62. The stock has a market capitalization of $562.53 million, a PE ratio of -1.60 and a beta of 2.39.
Wheels Up Experience (NYSE:UP - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The company reported ($0.09) earnings per share for the quarter. Wheels Up Experience had a negative return on equity of 796.67% and a negative net margin of 39.97%. The company had revenue of $204.82 million during the quarter.
Insider Activity
In related news, CEO of Air Partner Mark Briffa sold 28,717 shares of the stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $1.06, for a total value of $30,440.02. Following the completion of the transaction, the insider now directly owns 1,090,971 shares in the company, valued at $1,156,429.26. This trade represents a 2.56 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.13% of the company's stock.
Institutional Trading of Wheels Up Experience
Institutional investors have recently bought and sold shares of the company. EWA LLC purchased a new stake in shares of Wheels Up Experience during the 1st quarter valued at about $43,000. Byrne Asset Management LLC bought a new stake in Wheels Up Experience during the 1st quarter worth approximately $27,000. Focus Partners Wealth bought a new stake in Wheels Up Experience during the 4th quarter worth approximately $110,000. Bank of America Corp DE raised its stake in Wheels Up Experience by 72.5% during the 4th quarter. Bank of America Corp DE now owns 73,560 shares of the company's stock worth $121,000 after acquiring an additional 30,919 shares during the period. Finally, BNP Paribas Financial Markets bought a new stake in Wheels Up Experience during the 4th quarter worth approximately $199,000. 98.20% of the stock is owned by hedge funds and other institutional investors.
Wheels Up Experience Company Profile
(
Get Free Report)
Wheels Up Experience Inc provides private aviation services in the United States and internationally. The company offers Wheels Up Membership program that consists of two primary membership categories, such as Individual membership for individual and business fliers; and UP for Business membership consists of small and medium enterprise, and custom enterprise solutions for business fliers that tend to spend at higher levels.
Further Reading
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