Universal Technical Institute Inc. (NYSE:UTI)’s share price was down 3.1% during trading on Friday . The company traded as low as $2.08 and last traded at $2.16, with a volume of 50,949 shares traded. The stock had previously closed at $2.23.

The firm’s market capitalization is $52.59 million. The company has a 50-day moving average price of $2.44 and a 200-day moving average price of $3.43.

Universal Technical Institute (NYSE:UTI) last released its earnings results on Thursday, August 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.01. The firm earned $82.30 million during the quarter, compared to analyst estimates of $81.60 million. On average, equities analysts forecast that Universal Technical Institute Inc. will post ($1.54) EPS for the current fiscal 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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