StockNews.com began coverage on shares of UFP Technologies (NASDAQ:UFPT – Get Rating) in a research report released on Thursday morning. The firm issued a sell rating on the industrial products company’s stock.
Separately, Lake Street Capital boosted their target price on UFP Technologies from $124.00 to $131.00 and gave the company a buy rating in a research note on Wednesday, March 8th.
UFP Technologies Stock Down 2.0 %
Shares of UFP Technologies stock opened at $111.22 on Thursday. The stock’s fifty day moving average is $114.48 and its 200-day moving average is $107.17. The firm has a market capitalization of $843.05 million, a PE ratio of 20.33 and a beta of 0.76. The company has a quick ratio of 1.31, a current ratio of 2.19 and a debt-to-equity ratio of 0.30. UFP Technologies has a 12-month low of $60.38 and a 12-month high of $126.78.
Hedge Funds Weigh In On UFP Technologies
About UFP Technologies
UFP Technologies, Inc engages in designing and custom manufacturing of components, subassemblies, products and packaging utilizing specialized foams, films, and plastics primarily for the medical market. The firm manufactures its products by converting raw materials using laminating, molding, radio frequency and impulse welding and fabricating manufacturing techniques. �It’s single-use and single-patient devices and components are used in a wide range of medical devices, disposable wound care products, infection prevention, minimally invasive surgery, wearables, orthopedic soft goods, and orthopedic implant packaging.
- Get a free copy of the StockNews.com research report on UFP Technologies (UFPT)
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