Unique Fabricating (UFAB) Upgraded at Zacks Investment Research
Unique Fabricating (NYSEAMERICAN:UFAB) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Friday.
According to Zacks, “Unique Fabricating, Inc. is a supplier of components in the automotive and industrial appliance market. The Company’s solutions comprised of multi-material foam, rubber and plastic components for noise, vibration and harshness management, acoustical management, water and air sealing, decorative and other functional applications. Its processes include die cutting, thermoforming, compression molding, fusion molding and assembly. The company operates primarily in Auburn Hills, Michigan, LaFayette, Georgia and Monterrey, Mexico. Unique Fabricating, Inc. is headquartered in Auburn Hills, Michigan. “
Shares of NYSEAMERICAN:UFAB traded down $0.23 on Friday, reaching $7.68. The company had a trading volume of 5,204 shares, compared to its average volume of 12,962. Unique Fabricating has a 52-week low of $7.05 and a 52-week high of $9.70.
Institutional investors have recently bought and sold shares of the company. BlackRock Inc. boosted its position in shares of Unique Fabricating by 65.1% in the 2nd quarter. BlackRock Inc. now owns 21,520 shares of the auto parts company’s stock worth $188,000 after purchasing an additional 8,489 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Unique Fabricating by 42.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 34,918 shares of the auto parts company’s stock worth $295,000 after purchasing an additional 10,402 shares in the last quarter. Bailard Inc. acquired a new stake in shares of Unique Fabricating in the 2nd quarter worth $313,000. Renaissance Technologies LLC boosted its position in shares of Unique Fabricating by 274.6% in the 2nd quarter. Renaissance Technologies LLC now owns 79,800 shares of the auto parts company’s stock worth $697,000 after purchasing an additional 58,500 shares in the last quarter. Finally, Ancora Advisors LLC boosted its position in shares of Unique Fabricating by 20.0% in the 1st quarter. Ancora Advisors LLC now owns 90,172 shares of the auto parts company’s stock worth $761,000 after purchasing an additional 15,020 shares in the last quarter.
About Unique Fabricating
Unique Fabricating, Inc engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration, harshness, acoustical management, water and air sealing, decorative, and other functional applications. It offers die cut products, such as trim insulation, headliner insulation, fender acoustical pad, A/B/C pillar cover, dashboard seal, cup holder base, and under hood insulation products, as well as heating, ventilation, and air conditioning (HVAC) seals; thermoformed and compression molded products, including HVAC air ducts, door water shields, evaporator liners, console bin mats and fender insulators, and others; and fusion molded products comprising interior mirror, body-in-white, cowl to hood, and cowl to fender seals.
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