According to today’s article on Bloomberg Quint, “SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion.”
Shares of Uber rose 4.15% to $52.12 at 11:05 EST on Tuesday, following yesterday’s upward trend. The New York Stock Exchange is jumping 1.39% to $14,192.20, following yesterday’s upward trend, on what up to now seems, an all-around positive trend trading session today.
Uber’s last close was $50.04, under its 52-week high of $51.78.
Uber’s sales growth is a negative 10.4% for the current quarter and 8.6% for the next. The company’s growth estimates for the current 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 $52.12 at 11:05 EST, higher than its 52-week high of $51.78.
Uber’s value is way higher than its 50-day moving average of $39.96 and way higher than its 200-day moving average of $35.02.