Ufp Technologies Inc (NASDAQ:UFPT)’s Stock Is Buy After Less Market Selling

March 14, 2018 - By Jacob Falcon

 Ufp Technologies Inc (NASDAQ:UFPT)'s Stock Is Buy After Less Market Selling

Investors sentiment decreased to 1.7 in Q3 2017. Its down 0.86, from 2.56 in 2017Q2. It turned negative, as 4 investors sold UFP Technologies, Inc. shares while 19 reduced holdings. 14 funds opened positions while 25 raised stakes. 4.88 million shares or 1.97% more from 4.79 million shares in 2017Q2 were reported.
Oppenheimer Asset Mngmt has 0.02% invested in UFP Technologies, Inc. (NASDAQ:UFPT). Dimensional Fund Advsr L P has 0% invested in UFP Technologies, Inc. (NASDAQ:UFPT) for 168,432 shares. Mufg Americas Holdings Corporation reported 0% in UFP Technologies, Inc. (NASDAQ:UFPT). Amer Gp reported 0% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT). 14,665 are held by Us Bancorporation De. Federated Invsts Pa accumulated 13,286 shares. Acadian Asset Mngmt Ltd Liability Co holds 0% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT) for 4,268 shares. Wells Fargo And Company Mn stated it has 8,957 shares or 0% of all its holdings. 280,591 are owned by Wcm Inv Management Ca. Bridgeway Capital Mngmt Inc reported 14,000 shares. 56,812 are held by Geode Cap Ltd Liability Com. Royal Bank Of Canada invested in 0% or 652 shares. Barrow Hanley Mewhinney Strauss Ltd Liability Corp has invested 0% in UFP Technologies, Inc. (NASDAQ:UFPT). Renaissance Tech Limited Com holds 556,400 shares. Punch & Associate Invest Mngmt stated it has 182,000 shares.

The stock of Ufp Technologies Inc (NASDAQ:UFPT) registered a decrease of 13.25% in short interest. UFPT’s total short interest was 20,300 shares in March as published by FINRA. Its down 13.25% from 23,400 shares, reported previously. With 24,400 shares average volume, it will take short sellers 1 days to cover their UFPT’s short positions. The short interest to Ufp Technologies Inc’s float is 0.34%.

The stock decreased 1.25% or $0.375 during the last trading session, reaching $29.675. About 15,568 shares traded. UFP Technologies, Inc. (NASDAQ:UFPT) has risen 25.88% since March 14, 2017 and is uptrending. It has outperformed by 9.18% the S&P500.

UFP Technologies, Inc. designs and converts foams, plastics, composites, and natural fiber materials and provides solutions to medical, automotive, consumer, electronics, industrial, aerospace, and defense markets in the United States. The company has market cap of $215.67 million. It offers medical device components, disposable wound care components, automotive interior trims, athletic padding, abrasive nail files and other beauty aids, air filtration, high-temperature insulation, military uniform and gear components, and cushion packaging products. It has a 23.55 P/E ratio. The firm also provides wine shipping solutions made from molded fiber under the Wine Packs brand name; tube and pipe insulation for clean room environments under the T-Tubes brand; pharmaceutical bag protection system under the BioShell brand name; sanitary solution for nail care services under the Pro-Sticks brand; medical device pouch for protecting small instruments and tools under the FlexShield brand name; and multi-purpose cleaning eraser under the Erasables brand, as well as various products under the Spot Eraser, Tri-Covers, Design Nail, and Mambo names.

More recent UFP Technologies, Inc. (NASDAQ:UFPT) news were published by: Globenewswire.com which released: “UFP Technologies Acquires Dielectrics, Inc.” on February 02, 2018. Also Globenewswire.com published the news titled: “UFP Technologies Announces 2017 Results” on March 01, 2018. Seekingalpha.com‘s news article titled: “UFP Technologies – Investment Analysis” with publication date: February 13, 2018 was also an interesting one.

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