Shares of Uber fell 2.66% to $49.37 at 11:06 EST on Monday, after two sequential sessions in a row of losses. The New York Stock Exchange is sliding 0.8% to $14,085.40, following yesterday’s upward trend, on what so far seems, a somewhat rough trend trading session today.
Uber’s last close was $50.72, 5.63% under its 52-week high of $52.15.
Uber’s sales growth is a negative 10.4% for the ongoing quarter and 8.6% for the next. The company’s growth estimates for the ongoing quarter and the next is 15.6% and 67.6%, respectively.
Year-on-year quarterly revenue growth declined by 17.9%, now sitting on 12.98B for the twelve trailing months.
Uber’s stock is valued at $49.37 at 11:06 EST, below its 52-week high of $52.15 and way higher than its 52-week low of $13.71.
Uber’s value is way higher than its 50-day moving average of $41.36 and way higher than its 200-day moving average of $35.44.
According to Bloomberg Quint on Fri Nov 27, “SoftBank Hits New 20-Year High as Uber Gains, DoorDash Plans IPO.”