The stock of Universal Stainless & Alloy Products, Inc. (USAP) has gone up by 8.15% for the week, with a 16.62% rise in the past month and a 23.09% rise in the past quarter. The volatility ratio for the week is 5.57%, and the volatility levels for the past 30 days are 4.78% for USAP. The simple moving average for the past 20 days is 14.25% for USAP’s stock, with a 45.62% simple moving average for the past 200 days.
Is It Worth Investing in Universal Stainless & Alloy Products, Inc. (NASDAQ: USAP) Right Now?
Universal Stainless & Alloy Products, Inc. (NASDAQ: USAP) has a higher price-to-earnings ratio of 32.45x compared to its average ratio, The 36-month beta value for USAP is at 0.93. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for USAP is 8.51M, and currently, shorts hold a 3.86% of that float. The average trading volume for USAP on July 26, 2024 was 166.15K shares.
USAP) stock’s latest price update
Universal Stainless & Alloy Products, Inc. (NASDAQ: USAP)’s stock price has gone rise by 9.98 in comparison to its previous close of 29.67, however, the company has experienced a 8.15% increase in its stock price over the last five trading days. globenewswire.com reported 2024-07-18 that BRIDGEVILLE, Pa., July 18, 2024 (GLOBE NEWSWIRE) — Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) reported today that it has reached a new five-year collective bargaining agreement covering the hourly production and maintenance employees at its North Jackson facility represented by Local Unit 2332-2 of the United Steelworkers.
Analysts’ Opinion of USAP
Many brokerage firms have already submitted their reports for USAP stocks, with KeyBanc Capital Markets repeating the rating for USAP by listing it as a “Overweight.” The predicted price for USAP in the upcoming period, according to KeyBanc Capital Markets is $16 based on the research report published on June 20, 2023 of the previous year 2023.
USAP Trading at 6.54% from the 50-Day Moving Average
After a stumble in the market that brought USAP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.10% of loss for the given period.
Volatility was left at 4.78%, however, over the last 30 days, the volatility rate increased by 5.57%, as shares surge +14.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.15% upper at present.
During the last 5 trading sessions, USAP rose by +8.15%, which changed the moving average for the period of 200-days by +173.05% in comparison to the 20-day moving average, which settled at $28.77. In addition, Universal Stainless & Alloy Products, Inc. saw 62.50% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for USAP
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.16 for the gross margin
The net margin for Universal Stainless & Alloy Products, Inc. stands at 0.03. The total capital return value is set at 0.06. Equity return is now at value 4.25, with 2.67 for asset returns.
Based on Universal Stainless & Alloy Products, Inc. (USAP), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 2.36.
Currently, EBITDA for the company is 31.06 million with net debt to EBITDA at 2.37. When we switch over and look at the enterprise to sales, we see a ratio of 1.28. The receivables turnover for the company is 7.15for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.46.
Conclusion
In conclusion, Universal Stainless & Alloy Products, Inc. (USAP) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
