1 day Ago By ABMN Staff
StockNews.com lowered shares of Unifi ( NYSE:UFI – Free Report ) from a hold rating to a sell rating in a research note released on Tuesday morning. Unifi Stock Performance Shares of UFI opened at $5.
19 on Tuesday. The company has a quick ratio of 1.46, a current ratio of 3.
44 and a debt-to-equity ratio of 0.52. The business’s 50 day moving average price is $5.
05 and its 200-day moving average price is $5.66. Unifi has a 52 week low of $4.
25 and a 52 week high of $7.91. The stock has a market cap of $95.
24 million, a P/E ratio of -2.84 and a beta of 0.50.
Unifi ( NYSE:UFI – Get Free Report ) last issued its quarterly earnings results on Wednesday, February 5th. The textile maker reported ($0.86) EPS for the quarter, missing analysts’ consensus estimates of ($0.
55) by ($0.31). Unifi had a negative return on equity of 14.
49% and a negative net margin of 5.62%. Equities research analysts anticipate that Unifi will post -2.
25 earnings per share for the current fiscal year. Insider Activity at Unifi Institutional Trading of Unifi Institutional investors have recently added to or reduced their stakes in the business. State Street Corp boosted its stake in Unifi by 5.
7% during the 3rd quarter. State Street Corp now owns 58,922 shares of the textile maker’s stock valued at $432,000 after purchasing an additional 3,200 shares during the last quarter. Barclays PLC boosted its stake in Unifi by 778.
3% during the 3rd quarter. Barclays PLC now owns 11,479 shares of the textile maker’s stock valued at $85,000 after purchasing an additional 10,172 shares during the last quarter. JPMorgan Chase & Co.
boosted its stake in Unifi by 5,775.3% during the 3rd quarter. JPMorgan Chase & Co.
now owns 11,163 shares of the textile maker’s stock valued at $82,000 after purchasing an additional 10,973 shares during the last quarter. Peapod Lane Capital LLC purchased a new stake in Unifi during the 4th quarter valued at $3,191,000. Finally, Minerva Advisors LLC boosted its stake in Unifi by 5.
6% during the 4th quarter. Minerva Advisors LLC now owns 855,241 shares of the textile maker’s stock valued at $5,345,000 after purchasing an additional 45,013 shares during the last quarter. 67.
67% of the stock is currently owned by hedge funds and other institutional investors. Unifi Company Profile ( Get Free Report ) Unifi, Inc, together with its subsidiaries, engages in the manufacture and sale of recycled and synthetic products in North America, Central America, South America, Asia, and Europe. Its polyester products include partially oriented yarn, textured, solution and package dyed, twisted, beamed, and draw wound yarns in virgin or recycled varieties; and nylon products comprise virgin or recycled textured, solution dyed, and spandex covered yarns.
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