Unifi, Inc. (NYSE:UFI – Get Free Report) Director Kenneth G. Langone acquired 4,800 shares of Unifi stock in a transaction on Thursday, September 14th. The shares were bought at an average cost of $7.00 per share, for a total transaction of $33,600.00. Following the completion of the transaction, the director now owns 1,803,402 shares in the company, valued at approximately $12,623,814. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Unifi Trading Down 2.1 %
Shares of NYSE:UFI opened at $6.96 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.08 and a quick ratio of 1.99. The stock has a 50 day moving average price of $7.46 and a 200-day moving average price of $7.78. Unifi, Inc. has a 52-week low of $5.85 and a 52-week high of $11.08.
Unifi (NYSE:UFI – Get Free Report) last posted its quarterly earnings data on Thursday, August 24th. The textile maker reported ($0.39) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.47) by $0.08. Unifi had a negative return on equity of 12.31% and a negative net margin of 7.43%. The business had revenue of $151.06 million during the quarter, compared to the consensus estimate of $147.89 million. During the same quarter in the prior year, the company earned $0.11 earnings per share. On average, equities research analysts forecast that Unifi, Inc. will post -0.57 EPS for the current year.
Institutional Investors Weigh In On Unifi
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on shares of Unifi in a research report on Thursday, August 17th. They set a “sell” rating on the stock.
Unifi Company Profile
Unifi, Inc, together with its subsidiaries, manufactures and sells recycled and synthetic products in the United States, China, Brazil, and internationally. 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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