Universal Technical Institute, Inc. (NYSE:UTI) shot up 6.4% during mid-day trading on Wednesday . The company traded as high as $6.96 and last traded at $7.11, 1,323 shares changed hands during trading. A decline of 93% from the average session volume of 20,047 shares. The stock had previously closed at $6.68.
Several research firms have recently issued reports on UTI. ValuEngine cut Universal Technical Institute from a “hold” rating to a “sell” rating in a research report on Saturday, October 5th. Argus raised Universal Technical Institute from a “sell” rating to a “hold” rating in a research report on Wednesday.
The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.36. The company’s 50 day simple moving average is $5.62 and its 200 day simple moving average is $4.54.
About Universal Technical Institute (NYSE:UTI)
Universal Technical Institute, Inc provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle, and marine technicians in the United States. It offers certificate, diploma, or degree programs; and specialized technical education programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, and NASCAR Technical Institute.
Read More: Example of operating income, EBIT and EBITDA
Receive News & Ratings for Universal Technical Institute Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Technical Institute and related companies with MarketBeat.com's FREE daily email newsletter.