Unifi, Inc. (NYSE:UFI - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.18 and traded as high as $6.49. Unifi shares last traded at $6.30, with a volume of 72,855 shares changing hands.
Unifi Trading Up 2.0 %
The company has a market cap of $115.01 million, a PE ratio of -2.73 and a beta of 0.75. The company's 50 day simple moving average is $5.72 and its two-hundred day simple moving average is $6.18. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.29 and a quick ratio of 1.39.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of UFI. Minerva Advisors LLC boosted its holdings in Unifi by 11.2% during the 3rd quarter. Minerva Advisors LLC now owns 810,228 shares of the textile maker's stock valued at $5,947,000 after acquiring an additional 81,742 shares during the period. Marshall Wace LLP lifted its position in shares of Unifi by 10.6% during the second quarter. Marshall Wace LLP now owns 80,172 shares of the textile maker's stock worth $472,000 after purchasing an additional 7,679 shares in the last quarter. GSA Capital Partners LLP boosted its stake in shares of Unifi by 279.2% in the third quarter. GSA Capital Partners LLP now owns 60,211 shares of the textile maker's stock valued at $442,000 after purchasing an additional 44,332 shares during the period. State Street Corp grew its holdings in shares of Unifi by 5.7% in the third 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 in the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in Unifi by 74.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 39,259 shares of the textile maker's stock worth $288,000 after buying an additional 16,727 shares during the period. 67.67% of the stock is currently owned by hedge funds and other institutional investors.
About Unifi
(
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.
Featured Articles
Before you consider Unifi, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Unifi wasn't on the list.
While Unifi currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
