Utz Brands Inc. (NYSE:UTZ) went down by -1.04% from its latest closing price compared to the recent 1-year high of $19.16. The company’s stock price has collected -4.58% of loss in the last five trading sessions. Press Release reported on 09/15/20 that Rice and Lissette Families Deepen Contribution to Hanover, PA Community Following Public Listing of Utz Brands
Is It Worth Investing in Utz Brands Inc. (NYSE :UTZ) Right Now?
Utz Brands Inc. (NYSE:UTZ) scored a price-to-earnings ratio above its average ratio, recording 305.36 x from its present earnings ratio. Opinions of the stock are interesting as 4 analysts out of 5 who provided ratings for Utz Brands Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $18.80, which is $2.23 above the current price. UTZ currently public float of 46.74M and currently shorts hold a 0.91% ratio of that float. Today, the average trading volume of UTZ was 947.71K shares.
UTZ’s Market Performance
UTZ stocks went down by -4.58% for the week, with a monthly jump of 14.00% and a quarterly performance of 23.73%, while its annual performance rate touched 68.64%. The volatility ratio for the week stands at 3.66% while the volatility levels for the past 30 days are set at 6.21% for Utz Brands Inc.. The simple moving average for the period of the last 20 days is -1.58% for UTZ stocks with a simple moving average of 41.41% for the last 200 days.
Analysts’ Opinion of UTZ
Many brokerage firms have already submitted their reports for UTZ stocks, with Citigroup repeating the rating for UTZ by listing it as a “Buy.” The predicted price for UTZ in the upcoming period, according to Citigroup is $21 based on the research report published on September 18th of the current year 2020.
Piper Sandler, on the other hand, stated in their research note that they expect to see UTZ reach a price target of $18. The rating they have provided for UTZ stocks is “Neutral” according to the report published on September 16th, 2020.
UTZ Trading at 12.45% from the 50-Day Moving Average
After a stumble in the market that brought UTZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.75% of loss for the given period.
Volatility was left at 6.21%, however, over the last 30 days, the volatility rate increased by 3.66%, as shares surge +8.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.64% upper at present.
During the last 5 trading sessions, UTZ fell by -4.58%, which changed the moving average for the period of 200-days by +66.99% in comparison to the 20-day moving average, which settled at $17.44. In addition, Utz Brands Inc. saw 66.34% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for UTZ
Equity return is now at value 0.70, with 0.70 for asset returns.