UNIFI INC. (NYSE: UFI) has recently enjoyed extremely important positive changes in investment behavior: positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.
UNIFI INC. (NYSE: UFI). Small positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
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 (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. UNIFI INC has a good Appreciation Score of 75 but a poor Power Rating of 16, producing the Low Neutral Value Trend Rating.
Recent Price Action
UNIFI INC. (NYSE: UFI) stock closed at $7.26 on 8/23/24 after a very large increase of 6.0%. Moreover, trading volume in this advance was exceptionally high at 230% of normal. The stock has risen 29.0% during the last week but has been weak relative to the market over the last nine months.
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