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

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

U-Haul Stock Performance

The stock has a market cap of $10.75 billion, a P/E ratio of 438.39 and a beta of 0.88. The company has a fifty day moving average of $61.09 and a 200 day moving average of $51.98. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.77 and a quick ratio of 1.57.

Institutional Trading of U-Haul

Institutional investors have recently modified their holdings of the company. Ancora Advisors LLC acquired a new position in U-Haul during the second quarter worth about $2,392,000. Ieq Capital LLC acquired a new stake in U-Haul in the 2nd quarter valued at about $2,631,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of U-Haul during the 2nd quarter valued at about $372,000. Institutional investors and hedge funds 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.