Unifi (NYSE:UFI) Stock Price Crosses Below 200-Day Moving Average - Should You Sell?

Key Points

• Price breach: Unifi shares dropped below its 200‑day moving average, trading as low as $3.62 and last at $3.69 versus the 200‑day MA of $3.86 (volume ~23,650 shares).
• Analyst stance: The stock carries a consensus rating of "Sell", with Weiss Ratings reiterating a sell and Wall Street Zen recently upgrading to a hold.
• Mixed fundamentals: the company beat quarterly EPS ($-0.48 vs. -$0.57) and revenue ($121.37M vs. $120.18M) but remains unprofitable (negative ROE and net margin), with a market cap of about $68.6M and analysts forecasting -2.25 EPS for the year.

Unifi, Inc. (NYSE:UFI - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.86 and traded as low as $3.62. Unifi shares last traded at $3.69, with a volume of 23,650 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Weiss Ratings reiterated a "sell (e+)" rating on shares of Unifi in a report on Wednesday, January 21st. Wall Street Zen upgraded Unifi from a "sell" rating to a "hold" rating in a report on Saturday, February 7th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of "Sell".

Unifi Price Performance

The company has a current ratio of 3.99, a quick ratio of 1.93 and a debt-to-equity ratio of 0.40. The firm has a market cap of $68.56 million, a P/E ratio of -2.95 and a beta of 0.73. The company has a fifty day moving average price of $3.82 and a two-hundred day moving average price of $3.86.

Unifi (NYSE:UFI - Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The textile maker reported ($0.48) earnings per share for the quarter, beating the consensus estimate of ($0.57) by $0.09. Unifi had a negative return on equity of 18.45% and a negative net margin of 4.13%.The business had revenue of $121.37 million for the quarter, compared to analysts' expectations of $120.18 million. Equities analysts anticipate that Unifi, Inc. will post -2.25 earnings per share for the current year.

Hedge Funds Weigh In On Unifi

Institutional investors have recently modified their holdings of the business. Azarias Capital Management L.P. lifted its stake in Unifi by 20.9% in the 3rd quarter. Azarias Capital Management L.P. now owns 812,558 shares of the textile maker's stock valued at $3,868,000 after acquiring an additional 140,572 shares in the last quarter. Minerva Advisors LLC lifted its stake in Unifi by 6.1% in the 4th quarter. Minerva Advisors LLC now owns 1,222,420 shares of the textile maker's stock valued at $4,278,000 after acquiring an additional 69,939 shares in the last quarter. Jane Street Group LLC lifted its stake in Unifi by 386.9% in the 4th quarter. Jane Street Group LLC now owns 58,311 shares of the textile maker's stock valued at $204,000 after acquiring an additional 46,336 shares in the last quarter. Marshall Wace LLP bought a new stake in Unifi in the 4th quarter valued at approximately $116,000. Finally, Pinnacle Wealth Management Advisory Group LLC lifted its stake in Unifi by 131.1% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 53,265 shares of the textile maker's stock valued at $186,000 after acquiring an additional 30,214 shares in the last quarter. Institutional investors own 67.67% of the company's stock.

Unifi Company Profile

Unifi, Inc NYSE: UFI is a global manufacturer of polyester and nylon textured yarns and fibers, specializing in both virgin and recycled synthetic materials. Headquartered in Greensboro, North Carolina, the company serves a diverse range of end markets including apparel, athleisure, home furnishings, automotive and industrial applications. Unifi's vertically integrated operations encompass polymer extrusion, spinning, texturing, and finishing processes designed to meet the performance and aesthetic requirements of its customers.

A key differentiator for Unifi is its REPREVE® brand, a family of certified recycled performance fibers made from post‐consumer plastic bottles and other waste streams.

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