Free Trial

Wheels Up Experience (NYSE:UP) Stock Price Up 7.4% - Should You Buy?

Wheels Up Experience logo with Aerospace background

Wheels Up Experience Inc. (NYSE:UP - Get Free Report)'s stock price was up 7.4% on Tuesday . The company traded as high as $2.15 and last traded at $2.11. Approximately 764,736 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 1,013,309 shares. The stock had previously closed at $1.96.

Wheels Up Experience Trading Up 6.1 %

The firm has a market capitalization of $1.45 billion, a P/E ratio of -0.53 and a beta of 2.24. The company has a debt-to-equity ratio of 238.01, a current ratio of 0.33 and a quick ratio of 0.31. The firm has a fifty day simple moving average of $2.11 and a two-hundred day simple moving average of $2.34.

Wheels Up Experience (NYSE:UP - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.13) earnings per share for the quarter. The firm had revenue of $196.29 million for the quarter. Wheels Up Experience had a negative net margin of 43.79% and a negative return on equity of 796.67%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of UP. Koss Olinger Consulting LLC bought a new position in shares of Wheels Up Experience during the third quarter valued at $26,000. Renaissance Technologies LLC purchased a new stake in shares of Wheels Up Experience in the second quarter worth about $28,000. CIBC Asset Management Inc bought a new position in Wheels Up Experience during the second quarter valued at approximately $37,000. Capital Square LLC purchased a new position in Wheels Up Experience during the 1st quarter valued at approximately $41,000. Finally, SG Americas Securities LLC bought a new stake in Wheels Up Experience in the 3rd quarter worth approximately $56,000. Hedge funds and other institutional investors 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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Wheels Up Experience right now?

Before you consider Wheels Up Experience, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wheels Up Experience wasn't on the list.

While Wheels Up Experience currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines