Ubiquiti Networks, Inc. s in-depth stock price analysis indicates that the stock price has dropped -4.74% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 2.24% . Looking at the past 52 week period, the stock price is up at 68.71% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Ubiquiti Networks, Inc. has a positive value of 73.73 compared to overall market. Ubiquiti Networks, Inc. (NASDAQ:UBNT) has tumbled 15.89% during the past week and has dropped 10.49% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 16.56%. Ubiquiti Networks, Inc. (NASDAQ:UBNT) has underperformed the index by 12.09% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Ubiquiti Networks, Inc. (NASDAQ:UBNT) stock ended Friday session in the red zone in a volatile trading. The stock closed down 10.7 points or 16.68% at $53.43 with 6,069,483 shares getting traded. Post opening the session at $57.64, the shares hit an intraday low of $51.2723 and an intraday high of $58.03 and the price was in this range throughout the day. The company has a market cap of $4,394 million and the number of outstanding shares has been calculated to be 82,231,660 shares. The 52-week high of Ubiquiti Networks, Inc. (NASDAQ:UBNT) is $64.62 and the 52-week low is $30.03.
Ubiquiti Networks Inc Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.72 EPS for the quarter, missing the analyst consensus estimate by $ -0.05. Analyst had a consensus of $0.77. The company had revenue of $213.50 million for the quarter, compared to analysts expectations of $206.16 million. The companys revenue was up 31.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Ubiquiti Networks Inc was Downgraded by Credit Suisse to Underperform on Feb 10, 2017.
Company has reported several Insider transactions to the SEC, on Sep 19, 2016, Benjamin Moore (VP BUSINESS DEVELOPMENT) sold 150,000 shares at 51.20 per share price.On Feb 11, 2015, Craig L Foster (Chief Financial Officer) sold 7,044 shares at 29.73 per share price.
Ubiquiti Networks, Inc. is engaged in the business of designing, manufacturing and selling broadband wireless solutions worldwide. Its products and solutions include radios, antennas and management tools and other applications in the unlicensed radio frequency spectrum. Ubiquiti Networks, Inc. is headquartered in San Jose, California.