UNIFI INC. (NYSE: UFI) stock closed at $6.12 on 10/31/24 after a major decline of -11.0%. Moreover, trading volume in this decline was exceptionally high at 339% of normal. The stock has been strong relative to the market over the last nine months but has declined -11.6% 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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. UNIFI INC has a slightly positive Power Rating of 63 and a good Appreciation Score of 74, and the Positive Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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