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Uber Stock Was 4% Up on Friday, Will It Correct Next Week?

ViaNews Editorial Team

December 5, 2020

Uber Stock Was 4% Up on Friday, Will It Correct Next Week?
Shares of Uber rose 4.46% to $54.86 on Friday, following thursday's upward trend. The New York Stock Exchange is jumped 1.41% to $14,417.30, after three sequential sessions in a row of gains, on what was an all-around positive trend end of the week. Uber's last close was $54.86, 0.68% above its 52-week high of $54.49.

Uber's Sales

Uber's sales growth is a negative 10.9% for the ongoing quarter and 8.5% for the next. The company's growth estimates for the current quarter and the next is 14.1% and 67.1%, 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 $54.86 at 12:09 EST, above its 52-week high of $54.49.

Uber's Moving Average

Uber's worth is way above its 50-day moving average of $42.98 and way above its 200-day moving average of $35.93.
ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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