On Tuesday, Uniti Group Inc (NASDAQ: UNIT) opened higher 3.34% from the last session, before settling in for the closing price of $6.28. Price fluctuations for UNIT have ranged from $5.89 to $10.47 over the past 52 weeks.
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Real Estate Sector giant saw their annual sales surged by 53.78% over the last five years. Company’s average yearly earnings per share was noted -131.31% at the time writing. With a float of $233.61 million, this company’s outstanding shares have now reached $238.55 million.
Uniti Group Inc (UNIT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the REIT – Specialty industry is another important factor to consider. The insider ownership of Uniti Group Inc is 2.07%, while institutional ownership is 65.15%.
Uniti Group Inc (UNIT) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.08 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.16) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year.
Uniti Group Inc (NASDAQ: UNIT) Trading Performance Indicators
Check out the current performance indicators for Uniti Group Inc (UNIT). In the past quarter, the stock posted a quick ratio of 2.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.31. Likewise, its price to free cash flow for the trailing twelve months is 40.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.34 in one year’s time.
Technical Analysis of Uniti Group Inc (UNIT)
Analysing the last 5-days average volume posted by the [Uniti Group Inc, UNIT], we can find that recorded value of 4.02 million was better than the volume posted last year of 1.33 million. As of the previous 9 days, the stock’s Stochastic %D was 49.61%.
During the past 100 days, Uniti Group Inc’s (UNIT) raw stochastic average was set at 10.27%, which indicates a significant decrease from 46.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.36 in the past 14 days, which was lower than the 0.41 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.47, while its 200-day Moving Average is $9.92. Now, the first resistance to watch is $6.66. This is followed by the second major resistance level at $6.82. The third major resistance level sits at $7.03. If the price goes on to break the first support level at $6.29, it is likely to go to the next support level at $6.08. Now, if the price goes above the second support level, the third support stands at $5.92.
Uniti Group Inc (NASDAQ: UNIT) Key Stats
There are currently 147,984K shares outstanding in the company with a market cap of 1.55 billion. Presently, the company’s annual sales total 1,167 M according to its annual income of 93,410 K. Last quarter, the company’s sales amounted to 300,730 K and its income totaled -10,730 K.
