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

U-Haul Holding (NASDAQ:UHAL) shares crossed 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 traded.

U-Haul Stock Up 1.5 %

The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.16 and a current ratio of 2.33. The company has a market cap of $13.79 billion, a P/E ratio of 30.32 and a beta of 1.09. The firm’s 50-day simple moving average is $71.85 and its 200 day simple moving average is $69.66.

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of UHAL. Lodestone Wealth Management LLC boosted its position in shares of U-Haul by 5.6% during the third quarter. Lodestone Wealth Management LLC now owns 4,407 shares of the transportation company’s stock worth $341,000 after purchasing an additional 233 shares in the last quarter. Intellectus Partners LLC lifted its holdings in U-Haul by 5.4% during the third quarter. Intellectus Partners LLC now owns 5,340 shares of the transportation company’s stock worth $414,000 after acquiring an additional 275 shares in the last quarter. Oliver Lagore Vanvalin Investment Group lifted its holdings in U-Haul by 23.4% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 12,459 shares of the transportation company’s stock worth $769,000 after acquiring an additional 2,362 shares in the last quarter. Motley Fool Asset Management LLC acquired a new position in U-Haul in the third quarter valued at about $201,000. Finally, Legacy Capital Group California Inc. bought a new stake in shares of U-Haul in the third quarter worth about $244,000. Institutional investors and hedge funds own 3.63% of the company’s stock.

About U-Haul

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.