Unusual Machines Inc (UMAC) Shares Gain 391.60% Over Last Week

Unusual Machines Inc [UMAC] stock prices are up 89.38% to $18.73 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The UMAC shares have gain 391.60% over the last week, with a monthly amount glided 1028.31%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

The stock price of Unusual Machines Inc [UMAC] has been fluctuating between $0.98 and $11.67 over the past year. Unusual Machines Inc [AMEX: UMAC] shares were valued at $18.73 at the most recent close of the market.

Analyzing the UMAC fundamentals

Gross Profit Margin for this corporation currently stands at 5.65% with Operating Profit Margin at 8.18%, Pretax Profit Margin comes in at 9.53%, and Net Profit Margin reading is 9.53%. To continue investigating profitability, this company’s Return on Assets is posted at -0.22, Equity is -0.34 and Total Capital is -0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.52 points at the first support level, and at 10.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.22, and for the 2nd resistance point, it is at 23.71.

Ratios To Look Out For

It’s worth pointing out that Unusual Machines Inc [AMEX:UMAC]’s Current Ratio is 2.24. On the other hand, the Quick Ratio is 0.95, and the Cash Ratio is 0.84. Considering the valuation of this stock, the price to sales ratio is 82.71, the price to book ratio is 6.03.

Transactions by insiders

Recent insider trading involved Lowry Robert Paul, Director, that happened on Oct 30 ’24 when 32895.0 shares were purchased. Chief Executive Officer, Evans Allan Thomas completed a deal on Oct 30 ’24 to buy 65789.0 shares. Meanwhile, Director Rich Sanford bought 65789.0 shares on Oct 30 ’24.

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