U-Haul (NASDAQ:UHAL) Sees Strong Trading Volume – Still a Buy?

U-Haul Holding (NASDAQ:UHALGet Free Report) shares saw an uptick in trading volume on Friday . 103,965 shares changed hands during trading, an increase of 17% from the previous session’s volume of 88,995 shares.The stock last traded at $67.40 and had previously closed at $68.37.

U-Haul Stock Down 1.8 %

The stock has a market cap of $13.16 billion, a P/E ratio of 28.94 and a beta of 1.09. The stock’s fifty day simple moving average is $71.16 and its 200-day simple moving average is $70.15. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.33 and a quick ratio of 2.16.

U-Haul (NASDAQ:UHALGet Free Report) last released its quarterly earnings data on Wednesday, November 6th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.46). U-Haul had a net margin of 8.39% and a return on equity of 6.46%. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.69 billion. During the same quarter in the prior year, the firm earned $1.36 EPS. On average, research analysts anticipate that U-Haul Holding will post 2.31 earnings per share for the current year.

Hedge Funds Weigh In On U-Haul

Institutional investors have recently modified their holdings of the company. Motley Fool Asset Management LLC acquired a new position in U-Haul during the 3rd quarter valued at about $201,000. Legacy Capital Group California Inc. acquired a new position in shares of U-Haul during the third quarter worth approximately $244,000. Anthracite Investment Company Inc. bought a new position in U-Haul in the 3rd quarter worth approximately $269,000. Atom Investors LP acquired a new stake in U-Haul in the 3rd quarter valued at approximately $301,000. Finally, Granite Bay Wealth Management LLC bought a new stake in U-Haul during the 2nd quarter valued at $308,000. Institutional investors own 3.63% of the company’s stock.

U-Haul Company Profile

(Get Free Report)

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.

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