Uber Technologies Inc (NYSE: UBER) Recovers 52.53% From 52-Week Low, Is UBER Still A High-Risk, High-Reward Play?

Uber Technologies Inc (NYSE:UBER) currently has a daily average trading volume of 20.90M but it saw 49213595 shares traded in last market. With a market cap of 174.93B USD, the company’s current market price of $83.65 came falling about -2.54 while comparing to the previous closing price of $85.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $87.00 and as low as $54.84.

Taking a look at 20-day trading activity of Uber Technologies Inc (UBER) gives us an average price of $77.36, while its current price level is -3.85% below from 52-week high level whereas it is 52.53% 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 $74.67 while that of 200 days or SMA-200 reads an average of $71.84. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.03% during that period while stretching the period over a month that increases to 4.76%. 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 64.54 which implies that the stock is in neutral territory.

Over the week, UBER’s stock price is moving 3.26% up while it is 27.44% when we observe its performance for the past one month. Year-to-date it is 38.68% up and over the past year, the stock is showing an upside performance of 20.83%.

Currently, Uber Technologies Inc’s total number of outstanding shares is 2.11B. Company’s return on investment (ROI) stands at 31.26% and return on equity (ROE) at 60.08%. It has a price to earnings ratio (P/E ratio) of 18.25 while having a 24.42 of forward P/E ratio. Stock’s beta reads 1.40. Stock has a price to book (P/B) ratio of 8.18 while price to sale or P/S ratio amounts to 3.98. Its return on asset (ROA) is 21.92% on average.