Unusual Machines Inc (AMEX:UMAC) shares, rose in value on Thursday, April 16, with the stock price up by 0.40% to the previous day’s close as strong demand from buyers drove the stock to $5.06.
Actively observing the price movement in the last trading, the stock closed the session at $5.04, falling within a range of $4.89 and $5.2. Referring to stock’s 52-week performance, its high was $23.62, and the low was $0.98. On the whole, UMAC has fluctuated by -29.43% over the past month.
With the market capitalization of Unusual Machines Inc currently standing at about $85.16 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 14.24M, with a low estimate of 1.5M and a high estimate of 1.86M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.68M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UMAC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of UMAC currently trading nearly -16.13% and -32.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.96, while the 7-day volatility ratio is showing 9.38% which for the 30-day chart, stands at 11.43%. Furthermore, Unusual Machines Inc (UMAC)’s beta value is 27.28, and its average true range (ATR) is 0.77.
A comparison of Unusual Machines Inc (UMAC) with its peers suggests the former has fared considerably weaker in the market. UMAC showed an intraday change of 0.40% in last session, and over the past year, it grew by 208.54%%.
Data on historical trading for Unusual Machines Inc (AMEX:UMAC) indicates that the trading volumes over the past 10 days have averaged 0.62 and over the past 3 months, they’ve averaged 1.05 million. According to company’s latest data on outstanding shares, there are 15.12 million shares outstanding.
Nearly 19.39% of Unusual Machines Inc’s shares belong to company insiders and institutional investors own 3.51% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.47 million shares as on 2025-03-31, resulting in a short ratio of 1.68. According to the data, the short interest in Unusual Machines Inc (UMAC) stood at 985.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.26 million. The stock has fallen by -69.92% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UMAC stock heading into the next quarter.
