Universal Technical Institute Inc. (UTI) Sees Large Volume Increase
Universal Technical Institute Inc. (NYSE:UTI) saw an uptick in trading volume on Tuesday . 82,997 shares traded hands during mid-day trading, an increase of 51% from the previous session’s volume of 54,953 shares.The stock last traded at $2.41 and had previously closed at $2.39.
The company has a 50-day moving average price of $2.45 and a 200 day moving average price of $3.31. The company’s market capitalization is $58.68 million.
Universal Technical Institute (NYSE:UTI) last issued its earnings results on Thursday, August 4th. The company reported ($0.21) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.01. The company earned $82.30 million during the quarter, compared to analysts’ expectations of $81.60 million. On average, equities analysts forecast that Universal Technical Institute Inc. will post ($1.54) earnings per share for the current year.
Universal Technical Institute, Inc provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. The Company segments are Postsecondary education and Other. It offers undergraduate degree or diploma programs at approximately 10 campuses across the United States under the banner of various brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (collectively, MMI) and NASCAR Technical Institute.
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