Unusual Machines Inc (AMEX:UMAC) Currently 30.74% Above Its 52-Week High But The Upside Potential May Surprise You

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In last trading session, Unusual Machines Inc (AMEX:UMAC) saw 56.52 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $9.89 trading at $4.53 or 84.51% at ring of the bell on the day assigns it a market valuation of $151.47M. That closing price of UMAC’s stock is at a premium of 30.74% from its 52-week high price of $6.85 and is indicating a premium of 90.09% from its 52-week low price of $0.98. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.03 million shares which gives us an average trading volume of 120.72K if we extend that period to 3-months.

For Unusual Machines Inc (UMAC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

Unusual Machines Inc (AMEX:UMAC) trade information

Upright in the green during last session for gaining 84.51%, in the last five days UMAC remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $9.89 price level, adding 15.25% to its value on the day. Unusual Machines Inc’s shares saw a change of 226.40% in year-to-date performance and have moved 160.95% in past 5-day. Unusual Machines Inc (AMEX:UMAC) showed a performance of 568.24% in past 30-days. Number of shares sold short was 5466.0 shares which calculate 0.1 days to cover the short interests.

On the other hand, Fidelity Extended Market Index Fund and Bridgeway Funds Inc-Ultra Small Company Market Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 10.07 shares of worth $99552.0 or 0.12% of the total outstanding shares. The later fund manager was in possession of 10.0 shares on Sep 30, 2024 , making its stake of worth around $98900.0 in the company or a holder of 0.12% of company’s stock.