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

uCloudlink Group Inc. (NASDAQ:UCL) was the recipient of a significant increase in short interest during 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 short-interest ratio is currently 0.4 days.

uCloudlink Group Stock Performance

Shares of uCloudlink Group stock traded up $0.10 during trading on Friday, hitting $1.35. 15,659 shares of the stock traded hands, compared to its average volume of 25,649. The stock has a market cap of $50.56 million, a P/E ratio of 12.50 and a beta of 4.41. uCloudlink Group has a twelve month low of $0.97 and a twelve month high of $2.39. The company has a fifty day moving average price of $1.21 and a two-hundred day moving average price of $1.42.

uCloudlink Group (NASDAQ:UCL) last posted its earnings results on Tuesday, November 26th. The company reported $0.09 earnings per share (EPS) for the quarter, beating 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 in the previous year, the firm earned $0.01 earnings per share. On average, equities research analysts expect that uCloudlink Group will post 0.01 EPS 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.