Unusual Machines Inc (AMEX:UMAC) currently has a daily average trading volume of 5.32M but it saw 2225635 shares traded in last market. With a market cap of 103.89M USD, the company’s current market price of $6.87 came falling about -22.29 while comparing to the previous closing price of $8.84. 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.
Taking a look at 20-day trading activity of Unusual Machines Inc (UMAC) gives us an average price of $10.97, while its current price level is -70.91% below from 52-week high level whereas it is 601.02% 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 $12.68 while that of 200 days or SMA-200 reads an average of $4.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.87% during that period while stretching the period over a month that decreases to 12.58%. 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 29.38 which implies that the stock is in oversold territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Maxim Group which initiated the stock as “Buy” in its note to investors issued on December 18, 2024, recommending a price target of $18 for it.
Over the week, UMAC’s stock price is moving -38.00% down while it is -42.80% when we observe its performance for the past one month. Year-to-date it is -59.16% down and over the past year, the stock is showing an upside performance of 137.31%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.12 while estimate for next year EPS is -0.55. In next quarter, company is expected to be making quarterly sales of $1.93M as analysts are expecting the sales for current fiscal year at $5.62M and seeing the company making $12.53M in sales next year. Moreover, analysts are in estimates of $2.3M for current-quarter revenue.
Currently, Unusual Machines Inc’s total number of outstanding shares is 13.91M with 14.83% of that held by the insiders while 4.30% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -26.07% and return on equity (ROE) at -55.73%. Stock’s beta reads 40.94. Stock has a price to book (P/B) ratio of 2.21 while price to sale or P/S ratio amounts to 29.18. Its return on asset (ROA) is -44.39% on average.
