United Rentals, Inc. (URI)’s closed at $118.13 with move of -15.04% on Thursday. Investors of this company earned a return of 10.60% on the assets it owns in past twelve month. The company generated a return on equity (ROE) of 53.70%. A high ROE indicates successfully earning more assets and value for its shareholders off its reinvested earnings. A low ROE warns that the company is not generating a good return on its reinvested earnings. The stock has a market capitalization of $9913.47, a price-to-earnings ratio of 11.69 and a beta of 2.44. URI has a 1 year low of -12.93% and a 1 year high of -38.07%. The company’s 3-months average volume stands at 1.38 million. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 7.39.
In USA Industry, URI have 83.92 million outstanding shares currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders. The company have shares float of 82.38 million. Float is the number of shares available for trading of a particular stock. Floating stock is calculated by subtracting closely-held shares and restricted stock from a firm’s total outstanding shares. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that cannot be traded because of a temporary restriction such as the lock-up period after an initial public offering. A stock with a small float will generally be more volatile than a stock with a large float, apart from having limited liquidity and wider bid-ask spread. Because of these issues, institutional investors seldom invest in low-float stocks.
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