Wheels Up Experience Inc. (NYSE:UP – Get Free Report)’s share price traded up 8.9% during trading on Monday . The company traded as high as $2.46 and last traded at $2.45. 66,541 shares changed hands during trading, a decline of 91% from the average session volume of 767,605 shares. The stock had previously closed at $2.25.
Wheels Up Experience Stock Up 4.9 %
The company has a current ratio of 0.38, a quick ratio of 0.36 and a debt-to-equity ratio of 238.01. The stock has a market cap of $1.65 billion, a P/E ratio of -0.24 and a beta of 2.24. The company’s 50 day moving average price is $2.60 and its two-hundred day moving average price is $2.72.
Wheels Up Experience (NYSE:UP – Get Free Report) last announced its earnings results on Thursday, May 9th. The company reported ($0.13) EPS for the quarter. The company had revenue of $197.10 million during the quarter. Wheels Up Experience had a negative return on equity of 495.46% and a negative net margin of 44.05%.
Insider Buying and Selling at Wheels Up Experience
In other Wheels Up Experience news, insider Laura Heltebran sold 28,413 shares of the stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $2.54, for a total transaction of $72,169.02. Following the completion of the sale, the insider now directly owns 37,707 shares of the company’s stock, valued at approximately $95,775.78. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.13% of the company’s stock.
Hedge Funds Weigh In On Wheels Up Experience
Several hedge funds have recently added to or reduced their stakes in UP. American Financial Advisors LLC bought a new position in Wheels Up Experience during the 4th quarter worth about $34,000. Quadrature Capital Ltd acquired a new position in shares of Wheels Up Experience during the fourth quarter worth $34,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Wheels Up Experience during the fourth quarter valued at about $36,000. Pathstone Family Office LLC acquired a new stake in shares of Wheels Up Experience during the third quarter worth about $37,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in Wheels Up Experience during the 3rd quarter valued at approximately $37,000. 98.20% of the stock is currently owned by institutional investors.
Wheels Up Experience Company Profile
Wheels Up Experience Inc provides private aviation services in the United States and internationally. The company offers membership programs consisting of Connect that offers members variable dynamic pricing on a per trip basis and flexibility on their schedule; Core for private flyers; and UP for Business for small and medium enterprise, and large corporate customers for whom it is primary provider of private flights, as well as supplementary solution to their own aircraft operations.