Unifi Inc. (UFI, Financial) experienced a significant stock price increase of 5.56%, reaching $7.31 per share, with a trading volume of 24,080 shares and a turnover rate of 0.13%. The stock saw a price fluctuation of 5.03% during this activity.
Recent financial reports indicate Unifi Inc. generated a revenue of $582 million, although it reported a net loss of $47.40 million, translating to an earnings per share of -$2.61. The company's gross profit stood at $25.69 million, with a price-to-earnings ratio of -2.77. No current institutional ratings are available for buy, hold, or sell recommendations.
Within the textile manufacturing industry, where Unifi operates, the overall industry experienced a decline of 0.45%. Unifi, along with other notable stocks like Albany International and Culp, showed significant gains. These stocks registered turnover rates of 0.16%, 0.13%, and 0.03%, respectively, while Culp recorded the highest volatility at 7.07%.
Unifi Inc. is a multinational company engaged in the production and distribution of synthetic and recycled products made from polyester and nylon. These products are largely sold to manufacturers focused on apparel, home furnishings, automotive, and industrial applications. The company's main revenue derives from its Americas segment, and it offers a variety of yarn products including partially oriented yarn (POY), textured, solution-dyed, and bulked continuous filament yarn options, among others.
