Uniti Group Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $6.71 on 03/08/24, while the lowest value for the same period was recorded at $2.57 on 06/18/24.
52-week price history of UNIT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Uniti Group Inc’s current trading price is -21.31% away from its 52-week high, while its distance from the 52-week low is 105.45%. The stock’s price range during this period has spanned from $2.57 to $6.71. In the Real Estate sector, the Uniti Group Inc’s shares surpassed a trading volume of approximately 3.36 million for the day, which was noticeably higher compared to the average daily volume of 9.1.98 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 -10.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.29B and boasts a workforce of 758 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 -0.17. Similarly, Uniti Group Inc recorded 2,091,523 in trading volume during the last 100 days, posting a change of -3.12%.
UNIT Stock Stochastic Average
Today, Uniti Group Inc’s raw stochastic average for the past 50 days stands at 19.82%, indicating a rise from the raw stochastic average of the last 20 days, which was 2.20%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 26.56% and 43.19% 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. The metric has seen a significant loss of -4.00% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 21.10%. Over the past 30 days, the price of UNIT has leaped by -0.38%. And in the last five days, it has fallen by -7.37%.
