U-Haul (NASDAQ:UHAL) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

U-Haul Holding (NASDAQ:UHAL) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $69.66 and traded as high as $70.40. U-Haul shares last traded at $70.35, with a volume of 37,286 shares changing hands.

U-Haul Price Performance

The company’s fifty day moving average price is $71.85 and its two-hundred day moving average price is $69.66. The company has a quick ratio of 2.16, a current ratio of 2.33 and a debt-to-equity ratio of 0.88. The company has a market cap of $13.79 billion, a price-to-earnings ratio of 30.32 and a beta of 1.09.

U-Haul (NASDAQ:UHAL) last announced its earnings results on Wednesday, November 6th. The transportation company reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.46). U-Haul had a return on equity of 6.46% and a net margin of 8.39%. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.69 billion. During the same period in the previous year, the company posted $1.36 earnings per share. On average, equities research analysts forecast that U-Haul Holding will post 2.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of UHAL. Motley Fool Asset Management LLC bought a new stake in U-Haul in the 3rd quarter valued at approximately $201,000. Legacy Capital Group California Inc. bought a new stake in shares of U-Haul in the third quarter worth $244,000. Anthracite Investment Company Inc. bought a new stake in shares of U-Haul in the third quarter worth $269,000. Atom Investors LP acquired a new position in U-Haul during the third quarter worth $301,000. Finally, Lodestone Wealth Management LLC grew its position in U-Haul by 5.6% in the third quarter. Lodestone Wealth Management LLC now owns 4,407 shares of the transportation company’s stock valued at $341,000 after purchasing an additional 233 shares in the last quarter. 3.63% of the stock is currently owned by institutional investors.

U-Haul Company Profile

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.