Unifi New found using ticker (UFI) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 16 and 8 with the average target price sitting at 12. With the stocks previous close at 7.92 this would indicate that there is a potential upside of 51.5%. The 50 day MA is 8.33 while the 200 day moving average is 11.76. The company has a market cap of $145m. Find out more information at: https://unifi.com
The potential market cap would be $219m based on the market concensus.
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Unifi, together with its subsidiaries, manufactures and sells recycled and synthetic products in the United States, China, Brazil, and internationally. Its polyester products include partially oriented yarn, textured, solution and package dyed, twisted, beamed, and draw wound yarns in virgin or recycled varieties; and nylon products comprise virgin or recycled textured, solution dyed, and spandex covered yarns. The company also provides recycled solutions made from pre-consumer and post-consumer waste, such as plastic bottle flake made from polyester, and polymer beads and staple fiber made from polyester or nylon. It offers recycled and synthetic products primarily to yarn manufacturers, knitters, and weavers that produce fabric for the apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets. The company sells its products through sales force and independent sales agents under the REPREVE brand. Unifi was incorporated in 1969 and is headquartered in Greensboro, North Carolina.