Uniti Group Inc (NASDAQ: UNIT) kicked off on Monday, up 0.19% from the previous trading day, before settling in for the closing price of $5.38. Over the past 52 weeks, UNIT has traded in a range of $2.57-$6.71.
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Annual sales at Real Estate sector company grew by 2.48% over the past five years. While this was happening, its average annual earnings per share was recorded 226.29%. With a float of $233.00 million, this company’s outstanding shares have now reached $236.56 million.
Let’s look at the performance matrix of the company that is accounted for 813 employees. In terms of profitability, gross margin is 55.01%, operating margin of 13.21%, and the pretax margin is -3.96%.
Uniti Group Inc (UNIT) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the REIT – Specialty Industry. The insider ownership of Uniti Group Inc is 4.57%, while institutional ownership is 82.94%. The most recent insider transaction that took place on Aug 06 ’24, was worth 113,050. In this transaction SVP-CHIEF REVENUE OFFICER of this company sold 28,693 shares at a rate of $3.94, taking the stock ownership to the 513,761 shares. Before that another transaction happened on Aug 06 ’24, when Company’s Officer proposed sale 28,693 for $3.94, making the entire transaction worth $113,071.
Uniti Group Inc (UNIT) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.34 earnings per share (EPS), lower than consensus estimate (set at 0.11) by -0.45. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 226.29% per share during the next fiscal year.
Uniti Group Inc (NASDAQ: UNIT) Trading Performance Indicators
Take a look at Uniti Group Inc’s (UNIT) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.02, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.38 in one year’s time.
Technical Analysis of Uniti Group Inc (UNIT)
Uniti Group Inc (NASDAQ: UNIT) saw its 5-day average volume 1.85 million, a negative change from its year-to-date volume of 2.69 million. As of the previous 9 days, the stock’s Stochastic %D was 39.11%. Additionally, its Average True Range was 0.22.
During the past 100 days, Uniti Group Inc’s (UNIT) raw stochastic average was set at 83.80%, which indicates a significant increase from 27.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.18% in the past 14 days, which was lower than the 64.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.90, while its 200-day Moving Average is $4.76. Nevertheless, the first resistance level for the watch stands at $5.44 in the near term. At $5.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.58. If the price goes on to break the first support level at $5.31, it is likely to go to the next support level at $5.23. Assuming the price breaks the second support level, the third support level stands at $5.18.
Uniti Group Inc (NASDAQ: UNIT) Key Stats
The company with the Market Capitalisation of 1.32 billion has total of 240,257K Shares Outstanding. Its annual sales at the moment are 1,150 M in contrast with the sum of -81,710 K annual income. Company’s last quarter sales were recorded 294,950 K and last quarter income was 18,280 K.
