Uniti Group Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $6.71 on 03/08/24, and the lowest price during that time was $2.57, recorded on 06/18/24.
52-week price history of UNIT Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Uniti Group Inc’s current trading price is -11.01% away from its 52-week high, while its distance from the 52-week low is 132.34%. The stock’s price range during this period has fluctuated between $2.57 and $6.71. Shares of the company, which operates in the Real Estate sector, recorded a trading volume of around 0.81 million for the day, which was evidently lower than the average daily volume of 2.08 million over the last three months.
Financial Performance and Market Capitalization
Uniti Group Inc (UNIT) has experienced a quarterly rise of 3.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.46B and boasts a workforce of 813 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.52, with a change in price of +1.48. Similarly, Uniti Group Inc recorded 2,378,552 in trading volume during the last 100 days, posting a change of +32.96%.
UNIT Stock Stochastic Average
The raw stochastic average for Uniti Group Inc over the last 50 days is presently at 70.94%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 94.32%. Further, the company’s Stochastic %K and %D values for the last 20 days were 76.59% and 56.32%, respectively.
UNIT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 8.57%. However, over the past six months, we’ve seen a weaker performance of 61.38%. The price of UNIT leaped by -0.65% over the last 30 days. And in the last five days, it has surged by 12.03%.
