According to today’s article on Bloomberg Quint, “SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion.”
Shares of Uber rose 2.81% to $51.45 at 10:05 EST on Tuesday, following yesterday’s upward trend. The New York Stock Exchange is rising 1.24% to $13,998.20, following yesterday’s upward trend, on what up to now seems, an all-around positive trend exchanging session today.
Uber’s last close was $50.04, below its 52-week high of $50.88.
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 $51.45 at 10:05 EST, above its 52-week high of $50.88.
Uber’s value is way above its 50-day moving average of $39.67 and way above its 200-day moving average of $34.88.