UFP Industries Inc (NASDAQ:UFPI) shares, rose in value on Friday, May 09, with the stock price down by -1.10% to the previous day’s close as strong demand from buyers drove the stock to $97.37.
Actively observing the price movement in the last trading, the stock closed the session at $98.45. The PE ratio was 16.07 over 12-month period. Referring to stock’s 52-week performance, its high was $141.33, and the low was $95.90. On the whole, UFPI has fluctuated by -10.11% over the past month.
With the market capitalization of UFP Industries Inc currently standing at about $5.88 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.34, with its dividend yield at 1.38%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UFPI’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.36, with the price of UFPI currently trading nearly -5.25% and -7.51% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.29, while the 7-day volatility ratio is showing 2.20% which for the 30-day chart, stands at 2.91%. Furthermore, UFP Industries Inc (UFPI)’s beta value is 1.53, and its average true range (ATR) is 3.35.
A comparison of UFP Industries Inc (UFPI) with its peers suggests the former has fared considerably weaker in the market. UFPI showed an intraday change of -1.10% in last session, and over the past year, it shrunk by -16.65%%.
Data on historical trading for UFP Industries Inc (NASDAQ:UFPI) indicates that the trading volumes over the past 3 months, they’ve averaged 499.55K. According to company’s latest data on outstanding shares, there are 60.39 million shares outstanding.
Nearly 1.99% of UFP Industries Inc’s shares belong to company insiders and institutional investors own 84.99% of the company’s shares. The stock has fallen by -13.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UFPI stock heading into the next quarter.
