Unusual Machines (NYSEAMERICAN:UMAC – Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, March 13th. Analysts expect Unusual Machines to post earnings of ($0.12) per share and revenue of $2.30 million for the quarter.
Unusual Machines Trading Up 3.8 %
Shares of NYSEAMERICAN:UMAC opened at $5.69 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.95 and a current ratio of 2.24. The stock’s 50-day simple moving average is $12.22. Unusual Machines has a 1 year low of $0.98 and a 1 year high of $23.62.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on UMAC. Maxim Group began coverage on shares of Unusual Machines in a research note on Wednesday, December 18th. They set a “buy” rating and a $18.00 target price on the stock. Litchfield Hills Research began coverage on shares of Unusual Machines in a research note on Wednesday, February 19th. They set a “buy” rating and a $20.00 target price on the stock.
About Unusual Machines
Unusual Machines, Inc designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It operates a drone-focused e-commerce marketplace. The company serves drone pilots, hobbyists, and recreational services. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc in July 2022.
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