B. Riley reissued their buy rating on shares of Unique Fabricating Inc (NASDAQ:UFAB) in a report published on Monday. B. Riley currently has a $12.00 price target on the stock.

Other analysts also recently issued reports about the company. Roth Capital set a $11.00 target price on Unique Fabricating and gave the company a buy rating in a research note on Tuesday, August 8th. TheStreet downgraded Unique Fabricating from a c- rating to a d+ rating in a research note on Wednesday, August 16th. Finally, Zacks Investment Research upgraded Unique Fabricating from a sell rating to a hold rating in a research note on Wednesday, October 18th.

Shares of Unique Fabricating (UFAB) traded down $0.09 during mid-day trading on Monday, reaching $7.48. 16,931 shares of the company’s stock traded hands, compared to its average volume of 13,989. Unique Fabricating has a 52 week low of $7.10 and a 52 week high of $15.93.

Unique Fabricating (NASDAQ:UFAB) last issued its earnings results on Monday, August 7th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.04). Unique Fabricating had a net margin of 3.75% and a return on equity of 13.16%. The business had revenue of $44.52 million for the quarter, compared to analysts’ expectations of $46.47 million.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/11/07/unique-fabricating-inc-ufab-given-buy-rating-at-b-riley.html.

Several hedge funds have recently added to or reduced their stakes in the company. LSV Asset Management purchased a new position in shares of Unique Fabricating in the 2nd quarter worth $120,000. LMR Partners LLP purchased a new position in shares of Unique Fabricating in the 2nd quarter worth $167,000. Susquehanna International Group LLP purchased a new position in shares of Unique Fabricating in the 2nd quarter worth $216,000. Kennedy Capital Management Inc. boosted its stake in shares of Unique Fabricating by 47.9% in the 2nd quarter. Kennedy Capital Management Inc. now owns 175,282 shares of the company’s stock worth $1,669,000 after buying an additional 56,799 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Unique Fabricating by 50.9% in the 2nd quarter. Vanguard Group Inc. now owns 178,448 shares of the company’s stock worth $1,699,000 after buying an additional 60,194 shares during the last quarter.

About Unique Fabricating

Unique Fabricating, Inc is a United States-based company, which is engaged in the engineering and manufacturing of components for customers in the automotive and industrial appliance market. The Company offers various solutions, which consist of multi-material foam, rubber and plastic components. The Company’s fabricating capabilities include foam fabricating; foam die cutting; multi-layer die cutting; precision high-speed cutting; kiss cutting; fusion molding; vacuum forming; twin-sheet thermoforming; compression molding precision original equipment manufacturing (OEM) parts; non-metallic materials die cutting/fabrication; sound control parts, and soundproofing materials.

Receive News & Stock Ratings for Unique Fabricating Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unique Fabricating Inc and related stocks with our FREE daily email newsletter.