United Airlines Holdings, Inc. (NASDAQ:UAL) President Brett J. Hart sold 77,777 shares of United Airlines stock in a transaction that occurred on Friday, September 10th. The stock was sold at an average price of $45.14, for a total value of $3,510,853.78. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
UAL stock traded down $2.24 during trading on Friday, reaching $44.34. 17,476,056 shares of the company’s stock were exchanged, compared to its average volume of 13,790,475. The company has a quick ratio of 1.32, a current ratio of 1.37 and a debt-to-equity ratio of 7.64. United Airlines Holdings, Inc. has a 1-year low of $31.22 and a 1-year high of $63.70. The company’s fifty day moving average price is $47.39 and its 200-day moving average price is $52.67. The firm has a market cap of $14.35 billion, a PE ratio of -2.54 and a beta of 1.58.
United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Monday, July 19th. The transportation company reported ($3.91) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($4.17) by $0.26. United Airlines had a negative return on equity of 140.25% and a negative net margin of 37.89%. The company had revenue of $5.47 billion during the quarter, compared to analyst estimates of $5.33 billion. During the same quarter in the previous year, the firm posted ($9.31) EPS. The firm’s quarterly revenue was up 270.9% on a year-over-year basis. As a group, sell-side analysts expect that United Airlines Holdings, Inc. will post -11.02 earnings per share for the current fiscal year.
Several equities research analysts have issued reports on the company. Susquehanna dropped their price objective on United Airlines from $56.00 to $51.00 and set a “neutral” rating on the stock in a report on Thursday, July 22nd. Redburn Partners began coverage on United Airlines in a research report on Wednesday, August 11th. They issued a “sell”…