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After finishing at $12.48 in the prior trading day, United Natural Foods Inc. (NYSE: UNFI) closed at $12.32, down -1.28%. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 0.72 million shares were traded. UNFI stock price reached its highest trading level at $12.67 during the session, while it also had its lowest trading level at $12.185.
Ratios:
Our goal is to gain a better understanding of UNFI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 2.16 whereas as Long-Term Debt/Eq ratio is at 2.04.
On March 13, 2023, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $48 to $32.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 01 ’24 when Esper Richard Eric sold 4,375 shares for $11.35 per share. The transaction valued at 49,656 led to the insider holds 32,865 shares of the business.
Howard John W bought 6,275 shares of UNFI for $75,237 on Mar 11 ’24. The CFO now owns 179,823 shares after completing the transaction at $11.99 per share. On Oct 11 ’23, another insider, Bates Ann Torre, who serves as the Director of the company, sold 16,061 shares for $14.94 each. As a result, the insider received 239,951 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UNFI now has a Market Capitalization of 742186368 and an Enterprise Value of 4308671488. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.44. Its current Enterprise Value per Revenue stands at 0.142 whereas that against EBITDA is 11.87.
Stock Price History:
Over the past 52 weeks, UNFI has reached a high of $21.22, while it has fallen to a 52-week low of $8.58. The 50-Day Moving Average of the stock is -8.79%, while the 200-Day Moving Average is calculated to be -9.15%.
Shares Statistics:
The stock has traded on average 661.04K shares per day over the past 3-months and 656220 shares per day over the last 10 days, according to various share statistics. A total of 58.50M shares are outstanding, with a floating share count of 57.77M. Insiders hold about 2.86% of the company’s shares, while institutions hold 89.96% stake in the company. Shares short for UNFI as of 1721001600 were 4084439 with a Short Ratio of 5.79, compared to 1718323200 on 3700679. Therefore, it implies a Short% of Shares Outstanding of 4084439 and a Short% of Float of 9.879999999999999.
