Unusual Machines Inc (AMEX: UMAC) Emerges As Guiding Light For Investors

Unusual Machines Inc (AMEX:UMAC) currently has a daily average trading volume of 2.65M but it saw 9870849 shares traded in last market. With a market cap of 74.70M USD, the company’s current market price of $9.00 came falling about -24.05 while comparing to the previous closing price of $11.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.62 and as low as $0.98. In the recent trading on the day, stock has struck highest price mark of $8.835 while lowest mark touched by it was $11.38.

Taking a look at 20-day trading activity of Unusual Machines Inc (UMAC) gives us an average price of $5.81, while its current price level is -61.90% below from 52-week high level whereas it is 818.37% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.26 while that of 200 days or SMA-200 reads an average of $2.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 46.61% during that period while stretching the period over a month that decreases to 33.07%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.97 which implies that the stock is in neutral territory.

Over the week, UMAC’s stock price is moving 67.91% up while it is 368.75% when we observe its performance for the past one month. Year-to-date it is 197.03% up and over the past year.

Currently, Unusual Machines Inc’s total number of outstanding shares is 6.18M. Company’s return on investment (ROI) stands at -26.07% and return on equity (ROE) at -55.73%. Stock has a price to book (P/B) ratio of 2.90 while price to sale or P/S ratio amounts to 20.98. Its return on asset (ROA) is -44.39% on average.