Wheels Up Experience Inc (NYSE:UP) shares, rose in value on Thursday, April 16, with the stock price up by 1.23% to the previous day’s close as strong demand from buyers drove the stock to $0.83.
Actively observing the price movement in the last trading, the stock closed the session at $0.82, falling within a range of $0.8104 and $0.8442. The value of beta (5-year monthly) was 2.377. Referring to stock’s 52-week performance, its high was $4.59, and the low was $0.77. On the whole, UP has fluctuated by -25.88% over the past month.
With the market capitalization of Wheels Up Experience Inc currently standing at about $580.13 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Mar-06.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UP’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of UP currently trading nearly -11.31% and -26.63% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.19, while the 7-day volatility ratio is showing 8.10% which for the 30-day chart, stands at 10.67%. Furthermore, Wheels Up Experience Inc (UP)’s beta value is 2.36, and its average true range (ATR) is 0.09.
A comparison of Wheels Up Experience Inc (UP) with its peers suggests the former has fared considerably weaker in the market. UP showed an intraday change of 1.23% in last session, and over the past year, it shrunk by -68.68%%.
Data on historical trading for Wheels Up Experience Inc (NYSE:UP) indicates that the trading volumes over the past 10 days have averaged 0.74 and over the past 3 months, they’ve averaged 791.95K. According to company’s latest data on outstanding shares, there are 697.90 million shares outstanding.
Nearly 51.28% of Wheels Up Experience Inc’s shares belong to company insiders and institutional investors own 49.82% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 15.84 million shares as on 2025-03-31, resulting in a short ratio of 17.74. According to the data, the short interest in Wheels Up Experience Inc (UP) stood at 1748.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 13.28 million. The stock has fallen by -49.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UP stock heading into the next quarter.
