The price of Unusual Machines Inc (AMEX:UMAC) shares last traded on Wall Street rose 13.80% to $7.42.
UMAC stock price is now 31.25% away from the 50-day moving average and 14.01% away from the 200-day moving average. The market capitalization of the company currently stands at $184.24M.
With the price target of $18, Maxim Group recently initiated with Buy rating for Unusual Machines Inc (AMEX: UMAC).
In other news, Camden Andrew Ross, Chief Operating Officer sold 17,500 shares of the company’s stock on May 20 ’25. The stock was sold for $94,888 at an average price of $5.42. Upon completion of the transaction, the Chief Operating Officer now directly owns 183,500 shares in the company, valued at $1.36 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 20 ’25, Chief Financial Officer Hoff Brian Joseph sold 17,500 shares of the business’s stock. A total of $94,591 was realized by selling the stock at an average price of $5.41. This leaves the insider owning 341,725 shares of the company worth $2.54 million. A total of 19.93% of the company’s stock is owned by insiders.
During the past 12 months, Unusual Machines Inc has had a low of $1.13 and a high of $23.62. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 6.97, and a quick ratio of 5.01.
The net profit margin was -488.51% and return on equity was -183.96% for UMAC. The company reported revenue of $2.04 million for the quarter, compared to $0.62 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 229.89 percent.
