The stock of Uber Technologies Inc (NYSE:UBER) last traded at $88.10, up 6.39% from the previous session.
UBER stock price is now 17.13% away from the 50-day moving average and 22.20% away from the 200-day moving average. The market capitalization of the company currently stands at $184.23B.
With the price target maintained at $85, Wedbush recently Downgraded its rating from Outperform to Neutral for Uber Technologies Inc (NYSE: UBER). , while ‘JMP Securities’ rates the stock as ‘Mkt Perform’
In other news, Jill Hazelbaker, Officer bought 104,454 shares of the company’s stock on May 12 ’25. The stock was bought for $8,639,390 at an average price of $82.71. An SEC document containing details of the transaction can be found on the SEC’s website. On May 05 ’25, CFO Mahendra-Rajah Prashanth sold 2,750 shares of the business’s stock. A total of $233,750 was realized by selling the stock at an average price of $85.00. This leaves the insider owning 21,063 shares of the company worth $1.86 million. A total of 3.92% of the company’s stock is owned by insiders.
During the past 12 months, Uber Technologies Inc has had a low of $54.84 and a high of $87.00. As of last week, the company has a debt-to-equity ratio of 0.51, a current ratio of 1.02, and a quick ratio of 1.02.
The net profit margin was 27.07% and return on equity was 74.39% for UBER. The company reported revenue of $11.53 billion for the quarter, compared to $10.13 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.84 percent.
