Wheels Up Experience Inc. (NYSE:UP - Get Free Report)'s share price hit a new 52-week low on Monday . The company traded as low as $1.05 and last traded at $1.07, with a volume of 321446 shares traded. The stock had previously closed at $1.12.
Wheels Up Experience Trading Down 2.3 %
The firm has a market cap of $757.22 million, a price-to-earnings ratio of -2.17 and a beta of 2.42. The company's 50-day moving average is $1.45 and its 200-day moving average is $1.86.
Wheels Up Experience (NYSE:UP - Get Free Report) last issued its quarterly earnings results on Tuesday, March 11th. The company reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $204.82 million during the quarter. Wheels Up Experience had a negative net margin of 39.97% and a negative return on equity of 796.67%.
Institutional Investors Weigh In On Wheels Up Experience
Hedge funds and other institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC lifted its holdings in Wheels Up Experience by 97.3% during the fourth quarter. Hsbc Holdings PLC now owns 21,775 shares of the company's stock worth $35,000 after acquiring an additional 10,740 shares during the period. Stifel Financial Corp bought a new stake in shares of Wheels Up Experience during the 3rd quarter worth $41,000. Wells Fargo & Company MN boosted its holdings in shares of Wheels Up Experience by 49.6% in the 4th quarter. Wells Fargo & Company MN now owns 43,147 shares of the company's stock worth $71,000 after buying an additional 14,299 shares during the last quarter. SG Americas Securities LLC increased its holdings in Wheels Up Experience by 110.7% during the fourth quarter. SG Americas Securities LLC now owns 48,527 shares of the company's stock worth $80,000 after buying an additional 25,495 shares during the last quarter. Finally, Intech Investment Management LLC bought a new stake in Wheels Up Experience in the third quarter worth about $88,000. Institutional investors own 98.20% of the company's stock.
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 membership programs consisting of Connect that offers members variable dynamic pricing on a per trip basis and flexibility on their schedule; Core for private flyers; and UP for Business for small and medium enterprise, and large corporate customers for whom it is primary provider of private flights, as well as supplementary solution to their own aircraft operations.
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