Uniti Group Inc (UNIT) concluded trading on Thursday at a closing price of $5.42, with 5.04 million shares of worth about $27.31 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.98% during that period and on February 20, 2025 the price saw a loss of about -1.09%. Currently the company’s common shares owned by public are about 237.49M shares, out of which, 227.78M shares are available for trading.
Stock saw a price change of -0.91% in past 5 days and over the past one month there was a price change of -8.60%. Year-to-date (YTD), UNIT shares are showing a performance of -1.45% which increased to 6.27% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.57 but also hit the highest price of $6.71 during that period. The average intraday trading volume for Uniti Group Inc shares is 1.90 million. The stock is currently trading -1.48% below its 20-day simple moving average (SMA20), while that difference is down -3.07% for SMA50 and it goes to 14.41% higher than SMA200.
Uniti Group Inc (NASDAQ: UNIT) currently have 237.49M outstanding shares and institutions hold larger chunk of about 84.13% of that.
The stock has a current market capitalization of $1.32B and its 3Y-monthly beta is at 1.75. PE ratio of stock for trailing 12 months is 13.02, while it has posted earnings per share of $0.42 in the same period. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for UNIT, volatility over the week remained 4.16% while standing at 3.79% over the month.
Stock’s fiscal year EPS is expected to rise by 214.29% while it is estimated to increase by 6.25% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on May 06, 2024 offering an Outperform rating for the stock and assigned a target price range of between $8 and $6 to it. Coverage by BofA Securities stated Uniti Group Inc (UNIT) stock as an Underperform in their note to investors on November 07, 2023, suggesting a price target of $3.50 for the stock. On November 16, 2020, Citigroup Upgrade their recommendations, while on August 12, 2020, Wells Fargo Upgrade their ratings for the stock with a price target of $10. Stock get an Equal weight rating from Barclays on July 15, 2020.
