Universal Technical Institute, Inc. (NYSE:UTI) traded down 5.4% during mid-day trading on Wednesday . The company traded as low as $2.19 and last traded at $2.28, with a volume of 110,984 shares. The stock had previously closed at $2.41.

The firm’s market capitalization is $55.51 million. The stock has a 50 day moving average price of $2.44 and a 200 day moving average price of $3.30.

Universal Technical Institute (NYSE:UTI) last posted its earnings results on Thursday, August 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.01. The business had revenue of $82.30 million for the quarter, compared to analyst estimates of $81.60 million. Equities research analysts expect that Universal Technical Institute, Inc. will post ($1.54) earnings per share 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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