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NASDAQ:UCL

uCloudlink Group (UCL) Stock Price, News & Analysis

uCloudlink Group logo
$1.14
+0.03 (+2.70%)
(As of 11/1/2024 ET)

About uCloudlink Group Stock (NASDAQ:UCL)

Key Stats

Today's Range
$1.10
$1.22
50-Day Range
$1.12
$1.42
52-Week Range
$1.10
$2.96
Volume
27,337 shs
Average Volume
18,270 shs
Market Capitalization
$42.78 million
P/E Ratio
10.39
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. It also offers uCloudlink 2.0, a model that provides mobile data connectivity services to local users through various MNOs; GlocalMe Inside, an implementation solution for smartphones and other smart hardware products, which enables them to access its cloud SIM architecture and SIM card pool; and GlocalMe, a world phone series. In addition, the company provides IoT modules with GlocalMe Inside implementation to meet the demand for mobile data from various terminals, as well as provides integrated network solutions to its customers; SIM cards with prepaid data packages; and value-added services, such as advertisement. Further, it's platform-as-a-service/software-as-a-service offers modules, such as customer relationship management, operations and business support system, and SIM card enterprise resource planning and management. uCloudlink Group Inc. was incorporated in 2014 and is headquartered in Tsim Sha Tsui, Hong Kong.

uCloudlink Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
41st Percentile Overall Score

UCL MarketRank™: 

uCloudlink Group scored higher than 41% of companies evaluated by MarketBeat, and ranked 159th out of 342 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of uCloudlink Group is 10.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.03.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of uCloudlink Group is 10.39, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 39.64.

  • Price to Book Value per Share Ratio

    uCloudlink Group has a P/B Ratio of 2.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about uCloudlink Group's valuation and earnings.
  • Percentage of Shares Shorted

    0.07% of the outstanding shares of uCloudlink Group have been sold short.
  • Short Interest Ratio / Days to Cover

    uCloudlink Group has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in uCloudlink Group has recently decreased by 22.19%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    uCloudlink Group does not currently pay a dividend.

  • Dividend Growth

    uCloudlink Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.07% of the outstanding shares of uCloudlink Group have been sold short.
  • Short Interest Ratio / Days to Cover

    uCloudlink Group has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in uCloudlink Group has recently decreased by 22.19%, indicating that investor sentiment is improving significantly.
  • MarketBeat Follows

    1 people have added uCloudlink Group to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, uCloudlink Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    54.60% of the stock of uCloudlink Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    85.54% of the stock of uCloudlink Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about uCloudlink Group's insider trading history.
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UCL Stock News Headlines

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UCL Stock Analysis - Frequently Asked Questions

uCloudlink Group's stock was trading at $1.75 at the beginning of 2024. Since then, UCL shares have decreased by 34.7% and is now trading at $1.1423.
View the best growth stocks for 2024 here
.

uCloudlink Group Inc. (NASDAQ:UCL) posted its quarterly earnings data on Wednesday, August, 14th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.07. The firm earned $22.36 million during the quarter, compared to analysts' expectations of $22 million. uCloudlink Group had a trailing twelve-month return on equity of 24.44% and a net margin of 5.02%.

uCloudlink Group (UCL) raised $50 million in an initial public offering on Wednesday, June 10th 2020. The company issued 2,600,000 shares at a price of $18.00-$20.50 per share. I-Bankers Securities and Valuable Capital Limited served as the underwriters for the IPO and Tiger Brokers and Loop Capital Markets were co-managers.

Shares of UCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that uCloudlink Group investors own include Palantir Technologies (PLTR), XPeng (XPEV), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Chegg (CHGG), Lifeway Foods (LWAY) and Norwegian Cruise Line (NCLH).

Company Calendar

Last Earnings
8/14/2024
Today
11/01/2024
Next Earnings (Estimated)
11/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
Communication
Current Symbol
NASDAQ:UCL
Fax
N/A
Employees
490
Year Founded
N/A

Profitability

Net Income
$2.81 million
Pretax Margin
4.83%

Debt

Sales & Book Value

Annual Sales
$85.58 million
Cash Flow
$0.11 per share
Book Value
$0.43 per share

Miscellaneous

Free Float
17,002,000
Market Cap
$42.78 million
Optionable
Not Optionable
Beta
4.39
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This page (NASDAQ:UCL) was last updated on 11/2/2024 by MarketBeat.com Staff
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