Investment analysts at ThinkEquity assumed coverage on shares of Unusual Machines (NYSEAMERICAN:UMAC – Get Free Report) in a note issued to investors on Monday, Marketbeat.com reports. The firm set a “buy” rating and a $4.00 price target on the stock. ThinkEquity’s target price points to a potential upside of 181.69% from the company’s current price.
Unusual Machines Stock Performance
NYSEAMERICAN:UMAC opened at $1.42 on Monday. The company has a current ratio of 8.86, a quick ratio of 5.04 and a debt-to-equity ratio of 0.09. Unusual Machines has a one year low of $0.98 and a one year high of $5.54.
Unusual Machines (NYSEAMERICAN:UMAC – Get Free Report) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.18) EPS for the quarter. The firm had revenue of $0.62 million for the quarter.
Unusual Machines Company Profile
Unusual Machines, Inc designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It operates a drone-focused e-commerce marketplace. The company serves drone pilots, hobbyists, and recreational services. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc in July 2022.
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