U-Haul (NASDAQ:UHAL) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

U-Haul Holding (NASDAQ:UHAL)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $71.42 and traded as high as $72.52. U-Haul shares last traded at $72.44, with a volume of 70,153 shares trading hands.

U-Haul Stock Performance

The company has a debt-to-equity ratio of 0.89, a current ratio of 2.03 and a quick ratio of 2.16. The company has a 50 day simple moving average of $71.03 and a 200-day simple moving average of $71.42. The stock has a market cap of $14.20 billion, a P/E ratio of 33.54 and a beta of 1.09.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of UHAL. Motley Fool Asset Management LLC purchased a new position in U-Haul during the 3rd quarter valued at about $201,000. Optas LLC bought a new stake in shares of U-Haul in the 4th quarter worth approximately $219,000. Versor Investments LP bought a new stake in shares of U-Haul in the 4th quarter worth approximately $221,000. Legacy Capital Group California Inc. lifted its position in U-Haul by 7.5% in the 4th quarter. Legacy Capital Group California Inc. now owns 3,383 shares of the transportation company’s stock valued at $234,000 after acquiring an additional 237 shares in the last quarter. Finally, Anthracite Investment Company Inc. bought a new position in U-Haul in the 3rd quarter valued at approximately $269,000. Hedge funds and other institutional investors own 3.63% of the company’s stock.

U-Haul Company Profile

U-Haul Holding Co engages in the insurance and moving and storage businesses. It operates through the following business segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment includes the rental of trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces.