What Is So Great About Unusual Machines Inc (UMAC)?

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Unusual Machines Inc (AMEX:UMAC) has a beta value of 41.74 and has seen 3.16 million shares traded in the last trading session. The company, currently valued at $161.77M, closed the last trade at $11.63 per share which meant it lost -$0.27 on the day or -2.27% during that session. The UMAC stock price is -103.1% off its 52-week high price of $23.62 and 91.57% above the 52-week low of $0.98. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.3 million shares traded. The 3-month trading volume is 5.09 million shares.

The consensus among analysts is that Unusual Machines Inc (UMAC) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.13.

Unusual Machines Inc (AMEX:UMAC) trade information

Sporting -2.27% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the UMAC stock price touched $11.63 or saw a rise of 15.48%. Year-to-date, Unusual Machines Inc shares have moved -30.86%, while the 5-day performance has seen it change -0.17%. Over the past 30 days, the shares of Unusual Machines Inc (AMEX:UMAC) have changed -10.47%. Short interest in the company has seen 1.08 million shares shorted with days to cover at 0.59.

Unusual Machines Inc (UMAC) estimates and forecasts

The company’s shares have gained 584.12% over the past 6 months.

1 analysts offering their estimates for the company have set an average revenue estimate of 2.5M for the current quarter. 1 have an estimated revenue figure of 2M for the next ending quarter.

UMAC Dividends

Unusual Machines Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Also the top two Mutual Funds that are holding company’s shares are Bridgeway Funds Inc-Ultra Small Company Market Fund and Fidelity Extended Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 0.07% shares in the company for having 10.0 shares of worth $0.12 million while later fund manager owns 9.81 shares of worth $0.11 million as of Nov 30, 2024 , which makes it owner of about 0.06% of company’s outstanding stock.