Unusual Machines Inc (AMEX: UMAC) Surprises The Bears, Looks Good Going Forward

In the last trading session, 1.0 million shares of the Unusual Machines Inc (AMEX:UMAC) were traded, and its beta was 26.97. Most recently the company’s share price was $5.07, and it changed around $0.14 or 2.84% from the last close, which brings the market valuation of the company to $125.89M. UMAC currently trades at a discount to its 52-week high of $23.62, offering almost -365.88% off that amount. The share price’s 52-week low was $1.13, which indicates that the current value has risen by an impressive 77.71% since then.

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 (AMEX:UMAC) trade information

Instantly UMAC has showed a green trend with a performance of 2.84% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.50 on recent trading dayincreased the stock’s daily price by 7.82%. The company’s shares are currently down -69.86% year-to-date, but still down -7.99% over the last five days. On the other hand, Unusual Machines Inc (AMEX:UMAC) is -20.03% down in the 30-day period.

UMAC Dividends

Unusual Machines Inc’s next quarterly earnings report is expected to be released in June.

VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 68.76 shares worth $0.35 million, making up 0.28% of all outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held roughly 61.35 shares worth around $0.31 million, which represents about 0.25% of the total shares outstanding.

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