The price of United Airlines Holdings Inc (NASDAQ:UAL) shares last traded on Wall Street fell -0.17% to $96.35.
UAL stock price is now 30.08% away from the 50-day moving average and 78.84% away from the 200-day moving average. The market capitalization of the company currently stands at $31.63B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
On November 19, 2024, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $100 to quote $125, while ‘Goldman’ rates the stock as ‘Buy’
In other news, Jojo Linda P, EVP & Chief Customer Officer sold 60,000 shares of the company’s stock on Nov 22 ’24. The stock was sold for $5,707,500 at an average price of $95.12. Upon completion of the transaction, the EVP & Chief Customer Officer now directly owns 63,599 shares in the company, valued at $6.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22 ’24, Officer Jojo Linda P bought 60,000 shares of the business’s stock. A total of $5,635,800 was incurred on buying the stock at an average price of $93.93. A total of 0.51% of the company’s stock is owned by insiders.
During the past 12 months, United Airlines Holdings Inc has had a low of $37.02 and a high of $101.60. As of last week, the company has a debt-to-equity ratio of 2.92, a current ratio of 0.79, and a quick ratio of 0.72. According to the stock market information, the enterprise value for the company is $50882191360, which is based on a 11.61 price-to-earnings ratio, a 1.54 price-to-earnings-growth ratio, and a beta of 1.44. The fifty day moving average price for UAL is $73.2032 and a two-hundred day moving average price translates $53.60145 for the stock.
The latest earnings results from United Airlines Holdings Inc (NASDAQ: UAL) was released for 2024-09-30. The net profit margin was 4.94% and return on equity was 27.24% for UAL. The company reported revenue of $14.84 billion for the quarter, compared to $14.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.48 percent.
