uCloudlink Group Inc. (NASDAQ:UCL – Get Free Report) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 118,400 shares, a growth of 3,015.8% from the December 31st total of 3,800 shares. Based on an average trading volume of 196,300 shares, the short-interest ratio is presently 0.6 days.
uCloudlink Group Stock Performance
uCloudlink Group stock opened at $1.39 on Wednesday. uCloudlink Group has a 52 week low of $0.97 and a 52 week high of $3.30. The stock has a market capitalization of $52.06 million, a P/E ratio of 12.81 and a beta of 4.19. The stock has a fifty day moving average of $1.56 and a 200-day moving average of $1.41.
uCloudlink Group (NASDAQ:UCL – Get Free Report) last issued its quarterly earnings data 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 return on equity of 22.48% and a net margin of 4.84%. During the same quarter last year, the company posted $0.01 EPS. On average, research analysts forecast that uCloudlink Group will post 0.1 earnings per share for the current 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.
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