Currently, there are 24.83M common shares owned by the public and among those 19.88M shares have been available to trade.
The company’s stock has a 5-day price change of 13.88% and 32.03% over the past three months. UMAC shares are trading -49.76% year to date (YTD), with the 12-month market performance up to 412.12% higher. It has a 12-month low price of $1.13 and touched a high of $23.62 over the same period. UMAC has an average intraday trading volume of 1.96 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 33.03%, 44.36%, and 26.54% respectively.
Institutional ownership of Unusual Machines Inc (AMEX: UMAC) shares accounts for 4.65% of the company’s 24.83M shares outstanding.
It has a market capitalization of $209.81M and a beta (3y monthly) value of 24.68. The earnings-per-share (ttm) stands at -$3.76. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.77% over the week and 8.78% over the month.
Analysts forecast that Unusual Machines Inc (UMAC) will achieve an EPS of -0.08 for the current quarter, -0.06 for the next quarter and -0.22 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.08 while analysts give the company a high EPS estimate of -0.08. Earnings per share for the fiscal year are expected to increase by 90.10%, and 42.11% over the next financial year.
Looking at the support for the UMAC, a number of firms have released research notes about the stock. Maxim Group stated their Buy rating for the stock in a research note on December 18, 2024, with the firm’s price target at $18.
