Wheels Up Experience (NYSE:UP) Stock Price Up 6.8%

Wheels Up Experience Inc. (NYSE:UP)’s share price traded up 6.8% during mid-day trading on Tuesday . The company traded as high as $3.48 and last traded at $3.45. 138,340 shares were traded during trading, a decline of 87% from the average session volume of 1,051,872 shares. The stock had previously closed at $3.23.

Wheels Up Experience Stock Down 1.9 %

The stock has a market cap of $2.11 billion, a P/E ratio of -0.30 and a beta of 2.23. The company has a quick ratio of 0.36, a current ratio of 0.38 and a debt-to-equity ratio of 238.01. The business has a 50-day simple moving average of $2.68 and a 200-day simple moving average of $2.87.

Wheels Up Experience (NYSE:UP) last announced its earnings results on Thursday, May 9th. The company reported ($0.13) earnings per share (EPS) for the quarter. The company had revenue of $197.10 million for the quarter. Wheels Up Experience had a negative return on equity of 495.46% and a negative net margin of 44.05%.

Institutional Trading of Wheels Up Experience

Hedge funds have recently bought and sold shares of the stock. Susquehanna Fundamental Investments LLC bought a new stake in shares of Wheels Up Experience in the 1st quarter worth approximately $67,000. Capital Square LLC bought a new stake in shares of Wheels Up Experience in the 1st quarter worth approximately $41,000. American Financial Advisors LLC bought a new stake in shares of Wheels Up Experience in the 4th quarter worth approximately $34,000. Victory Capital Management Inc. bought a new stake in shares of Wheels Up Experience in the 4th quarter worth approximately $38,000. Finally, Kore Advisors LP bought a new stake in shares of Wheels Up Experience in the 4th quarter worth approximately $88,552,000. 98.20% of the stock is owned by institutional investors.

Wheels Up Experience Company Profile

Wheels Up Experience Inc provides private aviation services in the United States and internationally. The company offers membership programs consisting of Connect that offers members variable dynamic pricing on a per trip basis and flexibility on their schedule; Core for private flyers; and UP for Business for small and medium enterprise, and large corporate customers for whom it is primary provider of private flights, as well as supplementary solution to their own aircraft operations.