United Natural Foods Inc (NYSE:UNFI) shares traded 0.57% higher at $24.72 on Wall Street last session.
UNFI stock price is now 20.75% away from the 50-day moving average and 68.40% away from the 200-day moving average. The market capitalization of the company currently stands at $1.48B.
On January 04, 2024, Wells Fargo Downgraded its previous ‘Equal Weight’ rating to ‘Underweight’ on the stock keeping its target price maintained at $15, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Benedict Danielle, Chief Human Resources Officer sold 9,050 shares of the company’s stock on Oct 17 ’24. The stock was sold for $200,005 at an average price of $22.10. Upon completion of the transaction, the Chief Human Resources Officer now directly owns 88,218 shares in the company, valued at $2.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 17 ’24, Officer Benedict Danielle bought 9,050 shares of the business’s stock. A total of $200,005 was incurred on buying the stock at an average price of $22.10. A total of 2.84% of the company’s stock is owned by insiders.
During the past 12 months, United Natural Foods Inc has had a low of $8.58 and a high of $25.23. As of last week, the company has a debt-to-equity ratio of 2.16, a current ratio of 1.44, and a quick ratio of 0.52. The fifty day moving average price for UNFI is $20.2886 and a two-hundred day moving average price translates $14.6363 for the stock.
The latest earnings results from United Natural Foods Inc (NYSE: UNFI) was released for 2024-08-03. The net profit margin was -0.36% and return on equity was -6.62% for UNFI. The company reported revenue of $8.15 billion for the quarter, compared to $7.42 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.95 percent.
