U-Haul (NASDAQ:UHALB) Trading Down 0.4% – What’s Next?

U-Haul Holding Company (NASDAQ:UHALB)’s stock price was down 0.4% on Monday . The company traded as low as $62.8550 and last traded at $63.05. 273,378 shares were traded during trading, a decline of 23% from the average session volume of 352,915 shares. The stock had previously closed at $63.28.

U-Haul Price Performance

The company has a debt-to-equity ratio of 1.04, a current ratio of 1.77 and a quick ratio of 1.57. The company has a 50-day simple moving average of $60.93 and a two-hundred day simple moving average of $51.90. The stock has a market capitalization of $11.04 billion, a price-to-earnings ratio of 450.39 and a beta of 0.87.

Institutional Trading of U-Haul

Several hedge funds have recently added to or reduced their stakes in UHALB. Ancora Advisors LLC acquired a new stake in U-Haul in the second quarter worth about $2,392,000. Ieq Capital LLC acquired a new position in shares of U-Haul in the 2nd quarter valued at $2,631,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of U-Haul in the second quarter worth about $372,000. Institutional investors own 35.74% of the company’s stock.

About U-Haul

U-Haul Holding Company (NASDAQ: UHALB) is a leading provider of do-it-yourself moving and storage solutions across North America. The company offers a comprehensive range of products and services, including rental trucks, trailers, towing equipment, self-storage units, moving boxes and packing supplies. U-Haul’s network of company-owned locations, independent dealers and storage facilities enables customers to access affordable, short-term and long-term moving and storage options in all 50 U.S.