Uni-Fuels (NASDAQ:UFG) Issues Quarterly Earnings Results

Uni-Fuels (NASDAQ:UFG – Get Free Report) posted its quarterly earnings data on Wednesday, September 9th. The company reported $0.20 EPS for the quarter, FiscalAI reports. The company had revenue of $98.55 million during the quarter.

Uni-Fuels Trading Down 1.3%

Shares of NASDAQ:UFG traded down $0.00 during trading on Tuesday, reaching $0.36. 21,335 shares of the stock were exchanged, compared to its average volume of 1,030,820. Uni-Fuels has a 12 month low of $0.34 and a 12 month high of $1.56. The stock has a 50-day moving average price of $0.52 and a 200-day moving average price of $0.69.

Hedge Funds Weigh In On Uni-Fuels

An institutional investor recently bought a new stake in Uni-Fuels stock. Ground Swell Capital LLC bought a new position in shares of Uni-Fuels Holdings Limited (NASDAQ:UFG – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 89,803 shares of the company’s stock, valued at approximately $61,000. Ground Swell Capital LLC owned approximately 0.28% of Uni-Fuels as of its most recent filing with the SEC.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Uni-Fuels in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, Uni-Fuels has a consensus rating of “Sell”.

Get Our Latest Stock Report on UFG

Uni-Fuels Company Profile

(Get Free Report)

Uni-Fuels Holdings Limited is a Singapore-based marine fuel solutions provider that helps vessel owners, operators and charterers source and manage fuel for commercial shipping operations. The company focuses on the procurement, trading and supply of marine fuels, supporting customers with fuel sourcing and delivery services.

Uni-Fuels serves the international maritime industry through relationships with fuel suppliers and service providers in major shipping markets. Its offerings are intended to help customers obtain bunker fuels and related marine energy products at ports where their vessels operate, with services covering the coordination of supply, pricing and delivery.

The company was established to provide a more streamlined approach to marine fuel procurement and logistics.

Further Reading

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