Universal Electronics Inc (NASDAQ:UEIC) shares, rose in value on Thursday, April 16, with the stock price up by 1.01% to the previous day’s close as strong demand from buyers drove the stock to $4.98.
Actively observing the price movement in the last trading, the stock closed the session at $4.93, falling within a range of $4.895 and $5.19. The value of beta (5-year monthly) was 1.371. Referring to stock’s 52-week performance, its high was $14.20, and the low was $4.51. On the whole, UEIC has fluctuated by -26.66% over the past month.
With the market capitalization of Universal Electronics Inc currently standing at about $65.30 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UEIC’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of UEIC currently trading nearly -12.52% and -30.29% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.32, while the 7-day volatility ratio is showing 7.21% which for the 30-day chart, stands at 8.91%. Furthermore, Universal Electronics Inc (UEIC)’s beta value is 1.46, and its average true range (ATR) is 0.47.
A comparison of Universal Electronics Inc (UEIC) with its peers suggests the former has fared considerably weaker in the market. UEIC showed an intraday change of 1.01% in last session, and over the past year, it shrunk by -52.30%%.
Data on historical trading for Universal Electronics Inc (NASDAQ:UEIC) indicates that the trading volumes over the past 10 days have averaged 92650.0 and over the past 3 months, they’ve averaged 86.14K. According to company’s latest data on outstanding shares, there are 13.05 million shares outstanding.
Nearly 17.87% of Universal Electronics Inc’s shares belong to company insiders and institutional investors own 62.89% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 92526.0 shares as on 2025-03-31, resulting in a short ratio of 0.98. According to the data, the short interest in Universal Electronics Inc (UEIC) stood at 85.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 98340.0. The stock has fallen by -54.73% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UEIC stock heading into the next quarter.
