Unique Fabricating Inc. (UFAB) price jumped close to $4.49 early on Tuesday: What’s Next?

Unique Fabricating Inc. (AMEX:UFAB) shares traded higher over the last trading session, gaining 37.31% on 06/15/21. The shares fell to a low of $3.69 before closing at $4.49. Intraday shares traded counted 6.69 million, which was -10330.84% lower than its 30-day average trading volume of 64.18K. UFAB’s previous close was $3.27 while the outstanding shares total 9.78M. The firm has a beta of 1.66. The stock’s Relative Strength Index (RSI) is 69.16, with weekly volatility at 8.49% and ATR at 0.24. The UFAB stock’s 52-week price range has touched low of $2.60 and a $7.51 high.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Investors have identified the Auto Parts company Unique Fabricating Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $44.50 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Unique Fabricating Inc. (UFAB) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For UFAB, the company has in raw cash 2.73 million on their books with 53.92 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 51.95 million total, with 72.62 million as their total liabilities.

UFAB were able to record -1.44 million as free cash flow during the 08/11/2021 quarter of the year, this saw their quarterly net cash flow reduce by 1.97 million. In cash movements, the company had a total of 90000.0 as operating cash flow.

Potential earnings growth for Unique Fabricating Inc. (UFAB)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/11/2021 quarter of the year, Unique Fabricating Inc. recorded a total of 34.8 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.39% coming in sequential stages and their sales for the 08/11/2021 quarter reducing by -0.66%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 28.94 million trying to sell their products during the last quarter, with the result yielding a gross income of 5.86 million. This allows shareholders to hold on to 9.78M with the recently reported earning now reading -0.11 cents per share. This is a figure that compared to analyst’s prediction for their 08/11/2021 (-0.11 cents a share).

Having a look at the company’s valuation, the company is expected to record 0.49 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on UFAB sounds very interesting.

Is the stock of UFAB attractive?

In related news, Director, CAVANAGH PATRICK W bought 3,000 shares of the company’s stock in a transaction that recorded on May 19. The purchase was performed at an average price of 3.35, for a total value of 10,050. As the purchase deal closes, the Director, CAVANAGH PATRICK W now bought 500 shares of the company’s stock, valued at 1,950. Also, Director, CAVANAGH PATRICK W bought 400 shares of the company’s stock in a deal that was recorded on Nov 20. The shares were cost at an average price of 3.95 per share, with a total market value of 1,580. Following this completion of disposal, the Director, CAVANAGH PATRICK W now holds 500 shares of the company’s stock, valued at 2,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.

1 out of 1 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Unique Fabricating Inc.. 0 analysts has assigned a Sell rating on the UFAB stock. The 12-month mean consensus price target for the company’s shares has been set at $5.50.