Unusual Machines Inc (AMEX:UMAC) does about 1.96M shares in volume on a normal day but saw 14594314 shares change hands in the recent trading day. The company now has a market cap of 209.81M USD. Its current market price is $8.45, marking an increase of 2.55% compared to the previous close of $8.24. The 52 week high reached by this stock is $23.62 whilst the lowest price level in 52 weeks is $1.13.
The consensus objective for the share price is $18.00, suggesting that the stock has a potential upside of 53.06% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 18, 2024 when Maxim Group initiated the stock to “Buy” and issued a price target of $18.
The current price level is 33.03%, 44.36%, and 26.54% away from its SMA20, SMA50, and SMA200 respectively, with the UMAC price moving below the 50-day SMA on current market day. Unusual Machines Inc (UMAC) stock is up 13.88% over the week and 52.80% over the past month. Its price is -49.76% year-to-date and 412.12% over the past year.
To reach the target analysts have set, the stock logically needs to grow 53.06 percent from here.
Outstanding shares total 24.83M with insiders holding 9.97% of the shares and institutional holders owning 4.90% of the company’s common stock. The company has a return on investment of -211.55% and return on equity of -183.96%. The beta has a value of 24.68. Price to book ratio is 8.95 and price to sales ratio is 30.02.
