Unifi, Inc. (NYSE:UFI) Director Robert J. Bishop bought 5,100 shares of the company’s stock in a transaction dated Friday, February 8th. The shares were acquired at an average cost of $21.60 per share, with a total value of $110,160.00. Following the acquisition, the director now directly owns 16,734 shares of the company’s stock, valued at $361,454.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Unifi stock opened at $22.04 on Monday. Unifi, Inc. has a 52-week low of $19.61 and a 52-week high of $38.65. The firm has a market cap of $405.23 million, a PE ratio of 16.70 and a beta of 0.81. The company has a quick ratio of 1.87, a current ratio of 3.73 and a debt-to-equity ratio of 0.29.
Unifi (NYSE:UFI) last announced its quarterly earnings data on Monday, February 4th. The textile maker reported ($0.04) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.08) by $0.04. Unifi had a net margin of 2.00% and a return on equity of 2.21%. The firm had revenue of $167.71 million during the quarter, compared to analyst estimates of $166.80 million. Equities research analysts anticipate that Unifi, Inc. will post 0.57 EPS for the current fiscal year.
UFI has been the subject of a number of research reports. ValuEngine lowered shares of Unifi from a “buy” rating to a “hold” rating in a report on Tuesday, December 11th. Zacks Investment Research lowered shares of Unifi from a “hold” rating to a “sell” rating in a report on Saturday, January 19th.
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Unifi, Inc, together with its subsidiaries, manufactures and sells synthetic and recycled products made from polyester and nylon in the United States, Brazil, China, and internationally. The company operates in three segments: Polyester, Nylon, and International. The Polyester segment manufactures and sells polyester plastic bottle flakes, polymer beads, partially oriented yarns, textured, solution and package dyed, twisted, beamed, and draw wound yarns to other yarn manufacturers, and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets.
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