Despite Uber Technologies Inc [UBER]’s great opportunity, the stock is a bit overvalued

The price of Uber Technologies Inc (NYSE:UBER) shares last traded on Wall Street rose 0.53% to $60.25.

UBER stock price is now -17.81% away from the 50-day moving average and -15.93% away from the 200-day moving average. The market capitalization of the company currently stands at $123.81B.

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, while ‘Daiwa Securities’ rates the stock as ‘Neutral’

In other news, Hazelbaker Jill, insider sold 27,780 shares of the company’s stock on Nov 25 ’24. The stock was sold for $2,025,165 at an average price of $72.90. Upon completion of the transaction, the insider now directly owns 107,289 shares in the company, valued at $6.46 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07 ’24, Officer Jill Hazelbaker bought 109,637 shares of the business’s stock. A total of $8,152,607 was incurred on buying the stock at an average price of $74.36. A total of 4.09% of the company’s stock is owned by insiders.

During the past 12 months, Uber Technologies Inc has had a low of $54.84 and a high of $87.00. As of last week, the company has a debt-to-equity ratio of 0.90, a current ratio of 1.41, and a quick ratio of 1.41. According to the stock market information, the enterprise value for the company is $132852989952, which is based on a 29.49 price-to-earnings ratio, a 0.72 price-to-earnings-growth ratio, and a beta of 1.34. The fifty day moving average price for UBER is $73.5842 and a two-hundred day moving average price translates $71.76965 for the stock.

The latest earnings results from Uber Technologies Inc (NYSE: UBER) was released for 2024-09-30. The net profit margin was 10.49% and return on equity was 36.47% for UBER. The company reported revenue of $11.19 billion for the quarter, compared to $9.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.4 percent.

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