Uber Stock Bullish By 28% In The Last 21 Sessions

(VIANEWS) – Shares of Uber (NYSE: UBER) rose by a staggering 28.37% in 21 sessions from $25.91 to $33.26 at 14:24 EST on Friday, after three successive sessions in a row of gains. NYSE is sliding 0.27% to $16,078.91, after three sequential sessions in a row of gains.

Uber’s last close was $33.05, 22.34% under its 52-week high of $42.56.

About Uber

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services; and connects riders and other consumers with restaurants, grocers, and other stores with delivery service providers for meal preparation, grocery, and other delivery services. The company operates through three segments: Mobility, Delivery, and Freight. The Mobility segment provides products that connect consumers with mobility drivers who provide rides in a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. It also offers financial partnerships, transit, and vehicle solutions offerings. The Delivery segment allows consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered; and offers grocery, alcohol, and convenience store delivery, as well as select other goods. The Freight segment connects carriers with shippers on the company's platform and enable carriers upfront, transparent pricing, and the ability to book a shipment, as well as transportation management and other logistics services offerings. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.

Earnings Per Share

As for profitability, Uber has a trailing twelve months EPS of $-3.86.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -81.71%.

Moving Average

Uber’s worth is way higher than its 50-day moving average of $27.60 and way above its 200-day moving average of $27.08.

More news about Uber (UBER).

Leave a Reply

Your email address will not be published. Required fields are marked *