Wheels Up Experience Inc. (NYSE:UP - Get Free Report)'s stock price was down 5.5% during trading on Friday . The company traded as low as $1.10 and last traded at $1.13. Approximately 884,125 shares changed hands during trading, a decline of 12% from the average daily volume of 1,004,498 shares. The stock had previously closed at $1.19.
Wheels Up Experience Price Performance
The company has a market cap of $778.16 million, a P/E ratio of -2.23 and a beta of 2.42. The business's 50 day moving average price is $1.49 and its 200-day moving average price is $1.88.
Wheels Up Experience (NYSE:UP - Get Free Report) last posted its quarterly earnings results on Tuesday, March 11th. The company reported ($0.09) earnings per share for the quarter. Wheels Up Experience had a negative net margin of 39.97% and a negative return on equity of 796.67%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of UP. Geode Capital Management LLC grew its position in shares of Wheels Up Experience by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 1,978,652 shares of the company's stock valued at $3,266,000 after acquiring an additional 13,372 shares during the period. State Street Corp increased its stake in shares of Wheels Up Experience by 41.9% in the third quarter. State Street Corp now owns 1,322,891 shares of the company's stock worth $3,201,000 after buying an additional 390,414 shares during the period. Northern Trust Corp raised its stake in Wheels Up Experience by 10.7% in the fourth quarter. Northern Trust Corp now owns 840,804 shares of the company's stock worth $1,387,000 after buying an additional 81,293 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Wheels Up Experience by 277.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 796,827 shares of the company's stock worth $1,928,000 after purchasing an additional 585,589 shares during the period. Finally, First Trust Advisors LP bought a new stake in Wheels Up Experience during the 4th quarter valued at about $1,264,000. Institutional investors and hedge funds own 98.20% of the company's stock.
About Wheels Up Experience
(
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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