Unusual Machines, Inc. (NYSEAMERICAN:UMAC - Get Free Report) Director Robert Paul Lowry purchased 32,895 shares of the business's stock in a transaction on Wednesday, October 30th. The shares were acquired at an average cost of $1.52 per share, with a total value of $50,000.40. Following the acquisition, the director now directly owns 73,502 shares in the company, valued at approximately $111,723.04. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Unusual Machines Price Performance
NYSEAMERICAN UMAC opened at $1.86 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 5.50 and a quick ratio of 2.58. Unusual Machines, Inc. has a 52-week low of $0.98 and a 52-week high of $5.54.
Unusual Machines (NYSEAMERICAN:UMAC - Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.16) earnings per share (EPS) for the quarter. The firm had revenue of $1.41 million during the quarter.
Institutional Inflows and Outflows
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An institutional investor recently bought a new position in Unusual Machines stock. Rathbones Group PLC bought a new position in shares of Unusual Machines, Inc. (NYSEAMERICAN:UMAC - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 42,000 shares of the company's stock, valued at approximately $55,000. Rathbones Group PLC owned approximately 0.45% of Unusual Machines as of its most recent SEC filing.
About Unusual Machines
(
Get Free Report)
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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