Are Insiders Tells True Story For Central Garden & Pet Company (CENTA) and Uber Technologies Inc. (UBER)?

The recent price movement of CENTA means that it is now down by -32.26% from its 52-week high and 21.97% up against its 52-week low prices. Over the past one week, the price volatility of CENTA stands at 4.38% while the volatility over the past one month is 2.47%.

The company on 11/26/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.03 earnings per share (EPS) during that period. This report was below the expectations of analysts of 0.14 by -0.11. The revenue by the firm was 470.33M for the quarter.

The shares of Central Garden & Pet Company (CENTA) gained by 2.04%, leading to a gain of $0.5 per share, and saw CENTA end the trading session at $25.01 on Friday 11/29/19. CENTA started the trading session at $24.19, before reaching a daily high of $25.02. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $24.02.

The trading volume on Friday stood at 510166, which was below the stock’s 3-month average volume of 265.57K shares. As the price of the stock climbed, the market valuation of the company gained to 1.07 billion.

The shares of Uber Technologies Inc. (NYSE: UBER) went up by 0.37% by the end of the recent trading session. This movement saw its price surge to close at $29.60, which was higher than the previous closing price of $29.49. Over the past one week, the price of UBER has jumped by 0.48%, while it has recorded a loss of -12.30% over the past one month. Its three-month performance saw UBER lose -9.12% while its six-month performance saw it drop by -28.24%. The situation is different though over year-to-date (YTD) price performance slipped by -28.79%. The stock price has gone up by +15.72% compared to its 90-day low, while it is down -15.77% compared to its 90-day high price.

Several brokerage firms sent out their reports UBER stock not long ago. In its report sent out on November 22, 2019, Stifel lowered its ratings on UBER from a Hold to a Buy. In an earlier report on November 14, 2019, Argus Upgrade the stock from a Hold to a Buy. Guggenheim meanwhile in its report on October 25, 2019 Initiated its rating of the stock to “Buy”.

In related news to the company’s stock, around 53.80% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 499 institutions currently hold the UBER stock. In the last quarter, a 783,617,666 UBER shares were in the possession of institutions.