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Uber Stock Jumps 5% So Far On Wednesday, Outperforms Market

Via News Editorial Team

December 2, 2020

Uber Stock Jumps 5% So Far On Wednesday, Outperforms Market
Shares of Uber rose 5.84% to $52.53 at 14:05 EST on Wednesday, after four consecutive sessions in a row of losses. The New York Stock Exchange is rising 0.1% to $14,161.00, following yesterday's upward trend, on what at the moment seems, a somewhat positive trend trading session today. Uber's last close was $49.63, 0.73% under its 52-week high of $52.15.

Uber's Sales

Uber's sales growth is a negative 10.7% for the current 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.

Uber's Revenue

Year-on-year quarterly revenue growth declined by 17.9%, now sitting on 12.98B for the twelve trailing months.

Uber's Stock Top and Bottom Yearly Value

Uber's stock is valued at $52.53 at 14:05 EST, higher than its 52-week high of $52.15.

Uber's Moving Average

Uber's value is way above its 50-day moving average of $41.98 and way above its 200-day moving average of $35.69.