UWM Holdings Corporation (UWMC) concluded trading on Wednesday at a closing price of $7.40, with 2.85 million shares of worth about $21.11 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.31% during that period and on October 16, 2024 the price saw a loss of about -1.33%. Currently the company’s common shares owned by public are about 93.65M shares, out of which, 74.09M shares are available for trading.
Stock saw a price change of 0.95% in past 5 days and over the past one month there was a price change of -17.23%. Year-to-date (YTD), UWMC shares are showing a performance of 3.50% which increased to 42.03% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.77 but also hit the highest price of $9.74 during that period. The average intraday trading volume for UWM Holdings Corporation shares is 2.25 million. The stock is currently trading -6.72% below its 20-day simple moving average (SMA20), while that difference is down -13.75% for SMA50 and it goes to 0.35% higher than SMA200.
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UWM Holdings Corporation (NYSE: UWMC) currently have 93.65M outstanding shares and institutions hold larger chunk of about 58.70% of that.
The stock has a current market capitalization of $707.51M and its 3Y-monthly beta is at 1.68. It has posted earnings per share of -$0.16 in the same period. It has a debt-to-equity ratio of 87.41. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for UWMC, volatility over the week remained 2.74% while standing at 3.19% over the month.
Stock’s fiscal year EPS is expected to rise by 734.18% while it is estimated to increase by 81.08% in next year. EPS is likely to grow at an annualized rate of -8.56% for next 5-years, compared to annual growth of -277.33% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on October 08, 2024 offering an Equal weight rating for the stock and assigned a target price range of between $6 and $8 to it. Coverage by Keefe Bruyette stated UWM Holdings Corporation (UWMC) stock as a Mkt perform in their note to investors on April 09, 2024, suggesting a price target of $6 for the stock. On January 10, 2024, Deutsche Bank Initiated their recommendations, while on January 10, 2024, Keefe Bruyette Downgrade their ratings for the stock with a price target of $6. Stock get a Sell rating from UBS on December 06, 2023.
