Zacks Research Initiates Coverage on Uni-Fuels (NASDAQ:UFG)

Analysts at Zacks Research initiated coverage on shares of Uni-Fuels (NASDAQ:UFG) in a research note issued to investors on Wednesday, Zacks reports. The brokerage set a “hold” rating on the stock.

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Uni-Fuels in a research report on Tuesday, October 27th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce”.

Uni-Fuels Stock Down 2.7%

Shares of Uni-Fuels stock opened at $2.85 on Wednesday. Uni-Fuels has a 1 year low of $2.06 and a 1 year high of $15.60. The stock has a fifty day moving average price of $4.26 and a 200-day moving average price of $7.30.

Uni-Fuels (NASDAQ:UFG) last released its earnings results on Wednesday, September 9th. The company reported $0.20 EPS for the quarter. The business had revenue of $98.55 million for the quarter. As a group, equities research analysts expect that Uni-Fuels will post 0.10 EPS for the current year.

Uni-Fuels Company Profile

Uni-Fuels Holdings Limited is a Singapore-based marine fuel solutions provider focused on supplying and trading bunker fuel for commercial vessels. The company helps shipowners and operators procure the fuels needed to power their fleets and coordinates related delivery and logistical services. Uni-Fuels serves customers in the international shipping industry, supporting vessels operating across major global maritime markets. Its activities include marine fuel sourcing, supplier coordination, and the arrangement of fuel deliveries at ports and other locations.