uCloudlink Group (NASDAQ:UCL – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.22, Zacks reports. uCloudlink Group had a return on equity of 8.89% and a net margin of 2.19%. uCloudlink Group updated its FY 2025 guidance to EPS and its Q4 2025 guidance to EPS.
uCloudlink Group Trading Down 7.4%
NASDAQ UCL traded down $0.17 during mid-day trading on Wednesday, reaching $2.08. 32,016 shares of the company’s stock traded hands, compared to its average volume of 92,124. uCloudlink Group has a 1-year low of $0.80 and a 1-year high of $4.19. The company has a fifty day simple moving average of $2.35 and a 200-day simple moving average of $2.23. The company has a market cap of $78.44 million, a price-to-earnings ratio of 41.50 and a beta of 4.29.
Wall Street Analysts Forecast Growth
UCL has been the topic of several recent research reports. Wall Street Zen upgraded shares of uCloudlink Group from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Weiss Ratings lowered uCloudlink Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.
About uCloudlink Group
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.
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