On 8/22/24, UNIFI INC. (NYSE: UFI) stock enjoyed a major increase of 17.1%, closing at $6.85. Moreover, trading volume in this advance was exceptionally high at 725% of normal. Relative to the market the stock has been weak over the last nine months but has risen 23.2% during the last week.
Current PriceTarget Research Rating
UFI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
UNIFI INC has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. UNIFI INC has a good Appreciation Score of 84 but a very low Power Rating of 11, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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