UWM Holdings Corporation (UWMC) concluded trading on Wednesday at a closing price of $6.07, with 4.49 million shares of worth about $27.28 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.53% during that period and on November 20, 2024 the price saw a loss of about -2.72%. Currently the company’s common shares owned by public are about 93.65M shares, out of which, 68.97M shares are available for trading.
Stock saw a price change of 2.88% in past 5 days and over the past one month there was a price change of -10.07%. Year-to-date (YTD), UWMC shares are showing a performance of -15.10% which increased to 7.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.42 but also hit the highest price of $9.74 during that period. The average intraday trading volume for UWM Holdings Corporation shares is 2.81 million. The stock is currently trading -3.41% below its 20-day simple moving average (SMA20), while that difference is down -16.68% for SMA50 and it goes to -17.41% lower than SMA200.
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UWM Holdings Corporation (NYSE: UWMC) currently have 93.65M outstanding shares and institutions hold larger chunk of about 71.44% of that.
The stock has a current market capitalization of $9.97B and its 3Y-monthly beta is at 1.70. It has posted earnings per share of -$0.23 in the same period. It has a debt-to-equity ratio of 101.47. 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 5.09% while standing at 4.08% over the month.
Stock’s fiscal year EPS is expected to rise by 602.97% while it is estimated to increase by 127.04% 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 Morgan Stanley on November 05, 2024 offering an Equal-weight rating for the stock and assigned a target price range of between $6 and $7.50 to it. Coverage by Barclays stated UWM Holdings Corporation (UWMC) stock as an Equal weight in their note to investors on October 08, 2024, suggesting a price target of $8 for the stock. Stock get an Underperform rating from Keefe Bruyette on January 10, 2024.
