UNIFI INC. (NYSE: UFI) stock enjoyed a major increase of 16.3% on 5/9/24. The shares closed at $6.42. Moreover, exceptionally high trading volume at 242% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 10.1% 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 (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. UNIFI INC has a good Appreciation Score of 84 but a very low Power Rating of 6, and the Low Neutral Value Trend Rating results.
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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