uCloudlink Group Inc. Sponsored ADR (NASDAQ:UCL) Sees Large Drop in Short Interest

uCloudlink Group Inc. Sponsored ADR (NASDAQ:UCL) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 7,200 shares, a decline of 28.0% from the September 15th total of 10,000 shares. Based on an average daily volume of 138,500 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 138,500 shares, the days-to-cover ratio is presently 0.1 days.

uCloudlink Group Price Performance

Shares of uCloudlink Group stock opened at $2.18 on Thursday. uCloudlink Group has a one year low of $0.80 and a one year high of $4.19. The firm has a market capitalization of $82.40 million, a price-to-earnings ratio of 43.60 and a beta of 4.30. The business has a 50-day simple moving average of $2.70 and a 200 day simple moving average of $2.09.

uCloudlink Group (NASDAQ:UCL) last issued its earnings results on Wednesday, August 13th. The company reported $0.02 EPS for the quarter, meeting analysts’ consensus estimates of $0.02. uCloudlink Group had a return on equity of 8.89% and a net margin of 2.19%.The business had revenue of $19.38 million during the quarter, compared to analyst estimates of $23.00 million. uCloudlink Group has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts expect that uCloudlink Group will post 0.1 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on UCL shares. Wall Street Zen raised uCloudlink Group from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Weiss Ratings downgraded uCloudlink Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

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.