In Thursday’s Wall Street session, United Airlines Holdings Inc (NASDAQ:UAL) shares traded at $102.49, down -3.77% from the previous session.
UAL stock price is now 0.08% away from the 50-day moving average and 47.85% away from the 200-day moving average. The market capitalization of the company currently stands at $33.71B.
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
With the price target enhanced from $142 to $165, TD Cowen maintained Buy rating for United Airlines Holdings Inc (NASDAQ: UAL). , while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, Jojo Linda P, Former Officer bought 60,000 shares of the company’s stock on Feb 07 ’25. The stock was bought for $6,558,943 at an average price of $109.32. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22 ’24, EVP & Chief Customer Officer Jojo Linda P sold 60,000 shares of the business’s stock. A total of $5,707,500 was realized by selling the stock at an average price of $95.12. This leaves the insider owning 63,599 shares of the company worth $6.52 million. A total of 0.63% 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 $116.00. As of last week, the company has a debt-to-equity ratio of 2.65, a current ratio of 0.81, and a quick ratio of 0.74.
The net profit margin was 5.52% and return on equity was 28.63% for UAL. The company reported revenue of $14.7 billion for the quarter, compared to $13.63 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.85 percent.
