Wheels Up Experience (NYSE:UP) Stock Price Up 5.2%

Wheels Up Experience Inc. (NYSE:UP)’s share price rose 5.2% during trading on Tuesday . The company traded as high as $1.85 and last traded at $1.81. Approximately 645,405 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 782,732 shares. The stock had previously closed at $1.72.

Wheels Up Experience Stock Performance

The business has a fifty day moving average price of $2.35 and a 200 day moving average price of $2.86. The company has a quick ratio of 0.36, a current ratio of 0.38 and a debt-to-equity ratio of 238.01.

Wheels Up Experience (NYSE:UP) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.13) EPS for the quarter. The firm had revenue of $197.10 million during the quarter. Wheels Up Experience had a negative net margin of 44.05% and a negative return on equity of 495.46%.

Institutional Trading of Wheels Up Experience

A number of institutional investors have recently modified their holdings of UP. American Financial Advisors LLC bought a new position in shares of Wheels Up Experience in the fourth quarter valued at $34,000. Quadrature Capital Ltd bought a new position in shares of Wheels Up Experience in the 4th quarter valued at about $34,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Wheels Up Experience during the 4th quarter worth about $36,000. Victory Capital Management Inc. bought a new stake in shares of Wheels Up Experience in the 4th quarter valued at about $38,000. Finally, Capital Square LLC bought a new stake in shares of Wheels Up Experience in the 1st quarter valued at about $41,000. 98.20% of the stock is currently owned by institutional investors.

About Wheels Up Experience

Wheels Up Experience Inc provides private aviation services in the United States and internationally. The company offers membership programs consisting of Connect that offers members variable dynamic pricing on a per trip basis and flexibility on their schedule; Core for private flyers; and UP for Business for small and medium enterprise, and large corporate customers for whom it is primary provider of private flights, as well as supplementary solution to their own aircraft operations.