U-Haul (NASDAQ:UHAL) Stock Price Crosses Above 200-Day Moving Average of $65.81

U-Haul Holding (NASDAQ:UHAL) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $65.81 and traded as high as $70.07. U-Haul shares last traded at $69.99, with a volume of 53,684 shares.

U-Haul Stock Up 2.3 %

The company has a market cap of $14.08 billion, a P/E ratio of 23.62 and a beta of 1.09. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.18 and a quick ratio of 1.99. The business’s 50 day moving average price is $67.35 and its 200-day moving average price is $65.90.

U-Haul (NASDAQ:UHAL) last issued its quarterly earnings data on Wednesday, August 7th. The transportation company reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.20). The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.54 billion. U-Haul had a net margin of 9.92% and a return on equity of 7.76%. During the same quarter in the previous year, the firm posted $1.27 EPS. On average, analysts anticipate that U-Haul Holding will post 2.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parkwood LLC bought a new stake in shares of U-Haul during the fourth quarter valued at approximately $6,061,000. Old West Investment Management LLC lifted its stake in shares of U-Haul by 9.5% during the second quarter. Old West Investment Management LLC now owns 112,804 shares of the transportation company’s stock valued at $6,963,000 after acquiring an additional 9,751 shares during the period. Motley Fool Asset Management LLC boosted its holdings in U-Haul by 290.5% in the first quarter. Motley Fool Asset Management LLC now owns 12,004 shares of the transportation company’s stock valued at $811,000 after acquiring an additional 8,930 shares during the last quarter. Applied Fundamental Research LLC increased its position in U-Haul by 12.9% in the second quarter. Applied Fundamental Research LLC now owns 61,300 shares of the transportation company’s stock worth $3,784,000 after purchasing an additional 7,021 shares during the period. Finally, Clearbridge Investments LLC bought a new stake in U-Haul during the 1st quarter worth about $358,000. Institutional investors and hedge funds own 3.63% of the company’s stock.

About U-Haul

U-Haul Holding Company operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company’s Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.