In today’s recent session, 0.46 million shares of the Unusual Machines Inc (AMEX:UMAC) have been traded, and its beta is 33.32. Most recently the company’s share price was $7.17, and it changed around -$0.17 or -2.33% from the last close, which brings the market valuation of the company to $108.42M. UMAC at last check was trading at a discount to its 52-week high of $23.62, offering almost -229.43% off that amount. The share price’s 52-week low was $0.98, which indicates that the recent value has risen by an impressive 86.33% since then. We note from Unusual Machines Inc’s average daily trading volume that its 10-day average is 0.92 million shares, with the 3-month average coming to 1.80 million.
Unusual Machines Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended UMAC as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Unusual Machines Inc is expected to report earnings per share of -0.12 for the current quarter.
Unusual Machines Inc (AMEX:UMAC) trade information
Instantly UMAC has been showing red trend so far today with a performance of -2.33% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 7.90 on recent trading dayincreased the stock’s daily price by 9.24%. The company’s shares are currently down -57.38% year-to-date, but still down -9.82% over the last five days. On the other hand, Unusual Machines Inc (AMEX:UMAC) is -29.85% down in the 30-day period. We can see from the shorts that 1.26 million shares have been sold at a short interest cover period of 0.98 day(s).
Unusual Machines Inc (UMAC) estimates and forecasts
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 2.3M in revenue for the current quarter. 2 analysts expect Unusual Machines Inc to make 1.93M in revenue for the current ending quarter.
Unusual Machines Inc (AMEX:UMAC)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 13.72% of Unusual Machines Inc shares, and 4.00% of them are in the hands of institutional investors. The stock currently has a share float of 4.64%.
Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 68.76 shares worth $0.5 million, making up 0.45% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 23.74 shares worth around $0.17 million, which represents about 0.16% of the total shares outstanding.
