Unifi, Inc. (NYSE:UFI - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.22 and traded as high as $6.36. Unifi shares last traded at $6.28, with a volume of 55,427 shares changing hands.
Unifi Stock Down 0.2 %
The business has a 50-day simple moving average of $5.86 and a two-hundred day simple moving average of $6.22. The company has a market capitalization of $102.31 million, a price-to-earnings ratio of -2.42 and a beta of 0.74. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.39 and a current ratio of 3.29.
Unifi (NYSE:UFI - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The textile maker reported ($0.86) EPS for the quarter, missing the consensus estimate of ($0.55) by ($0.31). Unifi had a negative return on equity of 13.42% and a negative net margin of 7.07%. As a group, equities analysts predict that Unifi, Inc. will post -0.96 EPS for the current year.
Institutional Trading of Unifi
Hedge funds and other institutional investors have recently made changes to their positions in the company. Minerva Advisors LLC raised its holdings in Unifi by 5.6% during the fourth quarter. Minerva Advisors LLC now owns 855,241 shares of the textile maker's stock worth $5,345,000 after purchasing an additional 45,013 shares in the last quarter. Peapod Lane Capital LLC acquired a new position in Unifi during the 4th quarter worth approximately $3,191,000. JPMorgan Chase & Co. lifted its holdings in shares of Unifi by 5,775.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,163 shares of the textile maker's stock valued at $82,000 after buying an additional 10,973 shares during the period. Virtu Financial LLC acquired a new stake in shares of Unifi in the 3rd quarter valued at approximately $128,000. Finally, Barclays PLC boosted its stake in shares of Unifi by 778.3% in the third quarter. Barclays PLC now owns 11,479 shares of the textile maker's stock valued at $85,000 after buying an additional 10,172 shares in the last quarter. Hedge funds and other institutional investors own 67.67% of the company's stock.
About Unifi
(
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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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