UFP Technologies Inc. (NASDAQ:UFPT) reached a new 52-week high on Tuesday . The stock traded as high as $25.53 and last traded at $25.18, with a volume of 13,225 shares. The stock had previously closed at $25.14.

Several equities research analysts have recently weighed in on UFPT shares. TheStreet cut shares of UFP Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, May 31st. Zacks Investment Research upgraded shares of UFP Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, August 3rd.

The stock has a 50-day moving average of $23.66 and a 200 day moving average of $22.72. The company has a market cap of $179.90 million and a price-to-earnings ratio of 24.28.

UFP Technologies (NASDAQ:UFPT) last announced its earnings results on Tuesday, August 2nd. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.19. The company had revenue of $37.90 million for the quarter, compared to the consensus estimate of $36.50 million. On average, equities research analysts predict that UFP Technologies Inc. will post $1.04 EPS for the current year.

In other UFP Technologies news, VP Daniel J. Shaw sold 3,600 shares of UFP Technologies stock in a transaction that occurred on Thursday, June 9th. The shares were sold at an average price of $22.00, for a total transaction of $79,200.00. Following the completion of the sale, the vice president now directly owns 14,648 shares in the company, valued at $322,256. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

An institutional investor recently raised its position in UFP Technologies stock. Dimensional Fund Advisors LP increased its stake in shares of UFP Technologies Inc. (NASDAQ:UFPT) by 21.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,311 shares of the company’s stock after buying an additional 9,897 shares during the period. Dimensional Fund Advisors LP owned about 0.78% of UFP Technologies worth $1,318,000 as of its most recent SEC filing.

UFP Technologies, Inc is a designer and custom converter of foams, plastics, composites and natural fiber materials. The Company is engaged in providing solutions to customers primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It converts these materials using laminating, molding, and fabricating manufacturing technologies.

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