The market performance of Uniti Group Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $6.71 on 03/08/24, while the lowest value for the same duration was $2.57 on 06/18/24.
52-week price history of UNIT Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Uniti Group Inc’s current trading price is -19.23% away from its 52-week high, while its distance from the 52-week low is 110.89%. The stock’s price range during the 52-week period has remained between $2.57 and $6.71. In the Real Estate sector, the company’s shares saw a trading volume of around 5.04 million for the day, which was evidently higher than the average daily volume of 1.9 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Uniti Group Inc (UNIT) has experienced a quarterly decline of -3.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.32B and boasts a workforce of 813 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.63, with a change in price of +0.08. Similarly, Uniti Group Inc recorded 2,043,144 in trading volume during the last 100 days, posting a change of +1.50%.
UNIT Stock Stochastic Average
Uniti Group Inc’s raw stochastic average for the past 50 days is presently 28.80%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 45.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 47.31% and 56.90%, respectively.
UNIT Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -1.45%.However, over the last six months, we can see a weaker performance of 20.98%. Over the last 30 days, the price of UNIT has leaped by -8.60%. And in the last five days, it has fallen by -0.91%.
