Unusual Machines Inc (AMEX: UMAC): Can The Stock Still Lose Despite An -26.22% YTD Loss?

Unusual Machines Inc (AMEX:UMAC)’s traded shares stood at 0.6 million during the last session. At the last check today, the stock’s price was $12.41, to imply a decrease of -4.46% or -$0.58 in intraday trading. The UMAC share’s 52-week high remains $23.62, putting it -90.33% down since that peak but still an impressive 92.1% since price per share fell to its 52-week low of $0.98. The company has a valuation of $187.67M, with an average of 2.39 million shares in intraday trading volume over the past 10 days and average of 4.65 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Unusual Machines Inc (UMAC), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give UMAC a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.13.

Unusual Machines Inc (AMEX:UMAC) trade information

After registering a -4.46% downside in the latest session, Unusual Machines Inc (UMAC) has traded red over the past five days. The 5-day price performance for the stock is 0.24%, and 11.80% over 30 days. With these gigs, the year-to-date price performance is -26.22%. Short interest in Unusual Machines Inc (AMEX:UMAC) saw shorts transact 5466.0 shares and set a 0.1 days time to cover.

Unusual Machines Inc (UMAC) estimates and forecasts

Revenue forecast for the current quarter as set by 1 analysts is 2.5M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 2M.

UMAC Dividends

Unusual Machines Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Unusual Machines Inc (AMEX:UMAC)’s Major holders

We also have Bridgeway Funds Inc-Ultra Small Company Market Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Unusual Machines Inc (UMAC) shares. Going by data provided on Sep 30, 2024, Bridgeway Funds Inc-Ultra Small Company Market Fund holds roughly 10.0 shares. This is just over 0.07% of the total shares, with a market valuation of $0.13 million. Data from the same date shows that the other fund manager holds a little less at 9.81, or 0.07% of the shares, all valued at about 0.12 million.