Is Uniti Group Inc (NASDAQ: UNIT) Still A Buy After sinking -3.32% Last Week?

, Uniti Group Inc (NASDAQ:UNIT)’s traded shares were 1.03 million, with the beta value of the company hitting 1.29. , the stock’s price was $2.77, reflecting an intraday gain of 1.28% or $0.04. The 52-week high for the UNIT share is $6.71, that puts it down -142.24 from that peak though still a striking 7.22% gain since the share price plummeted to a 52-week low of $2.57. The company’s market capitalization is $656.22M, and the average trade volume was 3.24 million shares over the past three months.

Uniti Group Inc (NASDAQ:UNIT) trade information

Uniti Group Inc (UNIT) registered a 1.28% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.28% in intraday trading to $2.77, hitting a weekly high. The stock’s 5-day price performance is -3.32%, and it has moved by -10.81% in 30 days. Based on these gigs, the overall price performance for the year is -39.50%.

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

Uniti Group Inc (UNIT) estimates and forecasts

Statistics show that Uniti Group Inc has outperformed its competitors in share price, compared to the industry in which it operates. Uniti Group Inc (UNIT) shares have gone down -52.49% during the last six months, with a year-to-date growth rate more than the industry average at 0.00% against -2.70.

While earnings are projected to return 233.70% in 2024, the next five years will return 17.40% per annum.

UNIT Dividends

Uniti Group Inc is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Uniti Group Inc is 0.60, with the dividend yield indicating at 21.70 percent, continuing the trend of increasing dividends in recent years.