In recent trading session, Uniti Group Inc (NASDAQ:UNIT) saw 6.86 million shares changing hands at last check today with its beta currently measuring 1.40. Company’s recent per share price level of $4.97 trading at -$1.06 or -17.66% at last check today assigns it a market valuation of $1.19B. That most recent trading price of UNIT’s stock is at a discount of -35.01% from its 52-week high price of $6.71 and is indicating a premium of 38.23% from its 52-week low price of $3.07. Taking a look at company’s average trading volume of 2.04 million if we extend that period to 3-months.
Uniti Group Inc (NASDAQ:UNIT) trade information
Upright in the red during last session for losing -17.66%, in the last five days UNIT remained trading in the red while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $4.97 price level, adding 17.99% to its value on the day. Uniti Group Inc’s shares saw a change of -14.10% in year-to-date performance and have moved -14.10% in past 5-day. Uniti Group Inc (NASDAQ:UNIT) showed a performance of -12.89% in past 30-days.
Uniti Group Inc (UNIT) estimates and forecasts
Statistics highlight that Uniti Group Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 10.09% of value to its shares in past 6 months, showing an annual growth rate of -2.11% while that of industry is -2.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 1.20% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 287.54M for the same. And 7 analysts are in estimates of company making revenue of 289.73M in the next quarter.
In 2024, company’s earnings growth rate is likely to be around 237.25% while estimates for its earnings growth in next 5 years are of 17.40%.
UNIT Dividends
Uniti Group Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
