Uniti Group Inc (UNIT) currently has a stock price of $7.25. The stock saw a sharp increase in the last trading session, hitting a high of $14.93 after opening at $7.25. The lowest recorded price for the day was $4.0 before it closed at $8.09.
The market performance of Uniti Group Inc has been somewhat unstable.
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 -30.73% away from its 52-week high, while its distance from the 52-week low is 24.53%. The stock’s price range during this period has fluctuated between $5.82 and $10.47. Shares of the company, which operates in the Real Estate sector, recorded a trading volume of around 4.77 million for the day, which was evidently higher than the average daily volume of 1.39 million over the last three months.
Financial Performance and Market Capitalization
Uniti Group Inc (UNIT) has experienced a quarterly decline of -12.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.07B and boasts a workforce of 758 employees.
Analysts’ Ratings For Uniti Group Inc
As of right now, 2 analysts are rating Uniti Group Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.29, with a change in price of -3.03. Similarly, Uniti Group Inc recorded 1,180,728 in trading volume during the last 100 days, posting a change of -29.47%.
UNIT Stock Stochastic Average
Uniti Group Inc’s raw stochastic average for the past 50 days is currently at 8.94%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 8.94%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 21.87% and 42.99%, 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 gain of 7.13%.However, over the last six months, we can see a stronger performance of -17.53%. Over the last 30 days, the price of UNIT has fallen by 3.33%. And in the last five days, it has fallen by -22.64%.
