In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Uniti Group Inc (NASDAQ: UNIT) closed at $5.81 up 1.04% from its previous closing price of $5.75. In other words, the price has increased by $1.04 from its previous closing price. On the day, 1.9 million shares were traded. UNIT stock price reached its highest trading level at $5.9603 during the session, while it also had its lowest trading level at $5.6125.
Ratios:
For a deeper understanding of Uniti Group Inc’s stock, let’s take a closer look at its various ratios.
On November 16, 2020, Citigroup Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $6 to $10.
Wells Fargo Upgraded its Underweight to Equal Weight on August 12, 2020, while the target price for the stock was maintained at $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UNIT now has a Market Capitalization of 1395724672 and an Enterprise Value of 6953248256. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21. Its current Enterprise Value per Revenue stands at 6.047 whereas that against EBITDA is 7.811.
Stock Price History:
Over the past 52 weeks, UNIT has reached a high of $6.71, while it has fallen to a 52-week low of $3.06. The 50-Day Moving Average of the stock is -1.32%, while the 200-Day Moving Average is calculated to be 8.53%.
Shares Statistics:
For the past three months, UNIT has traded an average of 2.02M shares per day and 2956750 over the past ten days. A total of 236.56M shares are outstanding, with a floating share count of 230.88M. Insiders hold about 3.30% of the company’s shares, while institutions hold 86.34% stake in the company. Shares short for UNIT as of 1713139200 were 17472900 with a Short Ratio of 8.67, compared to 1710460800 on 19787464. Therefore, it implies a Short% of Shares Outstanding of 17472900 and a Short% of Float of 10.97.
Dividends & Splits
According to the company, the forward annual dividend rate for UNIT is 0.60, from 0.6 in the trailing year. Against a Trailing Annual Dividend Yield of 0.10434783The stock’s 5-year Average Dividend Yield is 8.45.
