Unique Fabricating Inc. (AMEX:UFAB) saw a downside of -3.82% to $0.26 after subtracting -$0.01 on Monday. The 5-day average trading volume is 2,102,659 shares of the company’s common stock. It has gained $0.3514 in the past week and touched a new high 1 time within the past 5 days. An average of 8,993,835 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,963,226.
UFAB’s 1-month performance is 18.91% or $0.0416 on its low of $0.1765 reached on 07/25/23. The company’s shares have touched a 52-week low of $0.14 and high of $1.35, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, UFAB has lost -52.91% or -$0.2915 and has reached a new high 13 times. However, the current price is down -80.76% from the 52-week high price.
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Valuation Metrics
UFAB stock has a beta of 1.42. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.02 while the price-to-book (PB) in the most recent quarter is 0.32.
Unique Fabricating Inc.’s quick ratio for the period ended September 29 was 0.50, with the current ratio over the same period at 0.70. In terms of profitability, the gross margin trailing 12 months is 11.90%. The trailing 12-month EBITDA margin is -0.20% while for the period ending September 29, Unique Fabricating Inc.’s operating margin was -14.50%. The firm’s gross profit as reported stood at $16.72 million against revenue of $125.67 million.
Earnings Surprise
For the quarterly period ending September 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 82.37% to -$10.55 million, while revenue of -$10.71 million was -1.52% off the previous quarter. Analysts expected UFAB to announce -$0.04 per share in earnings in its latest quarter, but it posted -$0.54, representing a -1,250.00% surprise. EBITDA for the quarter stood at more than -$0.23 million. UFAB stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 74.7 million, with total debt at $58.32 million. Shareholders hold equity totaling $11.73 million.
Let’s look briefly at Unique Fabricating Inc. (UFAB) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 04 August was 52.58% to suggest the stock is trending Neutral, with historical volatility in this time period at 315.99%.
The stock’s 5-day moving average is $0.2794, reflecting a +1.56% or $0.0040 change from its current price. UFAB is currently trading +22.87% above its 20-day SMA, +28.97% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -22.39% and SMA200 by-50.94%.
Stochastic %K and %D was 27.84% and 30.70% and the average true range (ATR) pointed at 0.0536. The RSI (14) points at 53.15%, while the 14-day stochastic is at 25.04% with the period’s ATR at 0.0494. The stock’s 9-day MACD Oscillator is pointing at 0.0018 and 0.0259 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Unique Fabricating Inc. (AMEX: UFAB), ROTH Capital reiterated its a Buy rating for the company but lifted their price target by $16 to $15.
