UFP Technologies Inc. (UFPT) shares have crossed above their 200-day moving average, reaching a high of $259.90. The stock is up 11.8% on the day. The company's 52-week range is $178.26 to $366.4094, with a last trade of $253.49. UFPT's recent move above its 200-day moving average is a bullish sign.
UFP Technologies Inc. (UFPT) shares have experienced a significant upward movement, crossing above their 200-day moving average and reaching a high of $259.90 on July 2, 2025. The stock is currently trading at $253.49, up 11.8% on the day. This bullish move comes as UFPT's shares have been trading within a 52-week range of $178.26 to $366.4094.
The recent performance of UFPT's shares is a notable development for investors, as the stock's move above its 200-day moving average often signals a potential upward trend in the market. The 200-day moving average is a widely used technical indicator that helps investors identify the stock's long-term trend. By crossing above this level, UFPT has demonstrated a strong momentum, suggesting that the stock may continue to perform well in the near future.
Institutional investors have also shown increased interest in UFPT, with several hedge funds and other institutional investors adding to their stakes in the company's shares during the first quarter of 2025. De Lisle Partners LLP, for instance, increased its position by 17.9% during the period, while other investors such as GSA Capital Partners LLP, Fiera Capital Corp, First National Advisers LLC, LPL Financial LLC, and Knights of Columbus Asset Advisors LLC also increased their holdings in the company [1].
In addition to the positive institutional interest, UFPT's recent earnings report has been promising. The company reported earnings per share of $2.5, beating the Zacks Consensus Estimate of $2.29 per share. This quarterly report represents an earnings surprise of +9.17%, indicating strong performance compared to expectations [2].
The stock's performance and positive institutional interest have led to an upgrade in the stock's rating by Lake Street Capital, which set a $252.00 price objective and gave the stock a "buy" rating [1]. However, investors should remain cautious and monitor the company's future earnings outlook and the broader market trends to make informed investment decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-ufp-technologies-inc-nasdaqufpt-shares-purchased-by-de-lisle-partners-llp-2025-07-29/
[2] https://www.nasdaq.com/articles/ufp-technologies-ufpt-surpasses-q2-earnings-estimates
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