Amerco Stock Slides By 18% In The Last 5 Sessions

(VIANEWS) – Shares of Amerco (NASDAQ: UHAL) fell by a staggering 18.09% in 5 sessions from $62.84 at -18.09, to $51.47 at 15:08 EST on Thursday, after two sequential sessions in a row of losses. NASDAQ is rising 1.42% to $13,118.53, following the last session’s downward trend.

Amerco’s last close was $52.77, 25.22% below its 52-week high of $70.57.

About Amerco

U-Haul Holding Company operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane. It also provides uhaul.com, an online marketplace that connects consumers to independent Moving Help service providers and independent self-storage affiliates; auto transport and tow dolly options to transport vehicles; and specialty boxes for dishes, computers, flat screen television, and sensitive electronic equipment, as well as tapes, security locks, and packing supplies. This segment rents its products and services through a network of approximately 2,100 company operated retail moving stores and 21,100 independent U-Haul dealers. As of March 31, 2022, it had a rental fleet of approximately 186,000 trucks, 128,000 trailers, and 46,000 towing devices; and 1,844 self-storage locations with approximately 876,000 rentable storage units. The company's Property and Casualty Insurance segment offers loss adjusting and claims handling services. It also provides moving and storage protection packages, such as Safemove and Safetow packages, which offer moving and towing customers with a damage waiver, cargo protection, and medical and life insurance coverage; Safestor that protects storage customers from loss on their goods in storage; Safestor Mobile, which protects customers stored belongings; and Safemove Plus, which provides rental customers with a layer of primary liability protection. The company's Life Insurance segment provides life and health insurance products primarily to the senior market through the direct writing and reinsuring of life insurance, medicare supplement, and annuity policies. The company was formerly known as AMERCO. U-Haul Holding Company was founded in 1945 and is based in Reno, Nevada.

Earnings Per Share

As for profitability, Amerco has a trailing twelve months EPS of $4.45.

PE Ratio

Amerco has a trailing twelve months price to earnings ratio of 11.57. Meaning, the purchaser of the share is investing $11.57 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.9%.

Volume

Today’s last reported volume for Amerco is 437163 which is 93.27% above its average volume of 219420.

More news about Amerco (UHAL).

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