uCloudlink Group Inc. (NASDAQ:UCL) Short Interest Update

uCloudlink Group Inc. (NASDAQ:UCL) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 8,600 shares, an increase of 43.3% from the November 15th total of 6,000 shares. Based on an average daily volume of 23,200 shares, the days-to-cover ratio is presently 0.4 days.

uCloudlink Group Trading Up 7.2 %

Shares of UCL stock opened at $1.34 on Friday. The firm has a fifty day simple moving average of $1.21 and a two-hundred day simple moving average of $1.42. uCloudlink Group has a 12 month low of $0.97 and a 12 month high of $2.39. The firm has a market capitalization of $50.18 million, a PE ratio of 12.18 and a beta of 4.41.

uCloudlink Group (NASDAQ:UCL) last posted its earnings results on Tuesday, November 26th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. uCloudlink Group had a net margin of 4.84% and a return on equity of 22.48%. During the same period last year, the firm posted $0.01 EPS. On average, equities analysts predict that uCloudlink Group will post 0.01 earnings per share for the current fiscal year.

uCloudlink Group Company Profile

uCloudlink Group Inc operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies.