Universal Stainless (USAP) Rallies 78% in 6 Months: Here's Why [Yahoo! Finance]
Universal Stainless & Alloy Products, Inc. (USAP)
Last universal stainless & alloy products, inc. earnings: 4/22 06:45 am
Check Earnings Report
US:NASDAQ Investor Relations:
univstainless.com
Company Research
Source: Yahoo! Finance
The company also outperformed the industry's fall of 15.6% and topped the S&P 500's nearly 15.5% rise over the same period. Image Source: Zacks Investment Research Let's take a look at the factors driving the stock's price appreciation. What's Working in USAP's Favor? Universal Stainless demonstrated a robust performance in first-quarter 2024, marking a notable turnaround from the previous year's figures. The company posted earnings of 43 cents per share, improving from a loss of 6 cents a year ago. This underscores USAP's resilient strategy and strategic advancements. The company achieved remarkable sales growth, reaching $77.6 million, up 18% from the prior-year quarter's levels. The upside was primarily driven by outstanding performances in the specialty alloys and premium alloys segments, which registered year-over-year increases of 18% and 14%, respectively. The aerospace sector was particularly notable, with sales surging approximately 23% to $60.2 million, highlightin
Show less
Read more
Impact Snapshot
Event Time:
USAP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
USAP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
USAP alerts
High impacting Universal Stainless & Alloy Products, Inc. news events
Weekly update
A roundup of the hottest topics
USAP
News
- Universal Stainless Getting Its Due As Aerospace Demand Drives Strong Operating Leverage [Seeking Alpha]Seeking Alpha
- Investors in Universal Stainless & Alloy Products (NASDAQ:USAP) have seen stellar returns of 200% over the past three years [Yahoo! Finance]Yahoo! Finance
- Universal Stainless Set to Join Russell 2000 and 3000® Indexes [Yahoo! Finance]Yahoo! Finance
- Universal Stainless Set to Join Russell 2000 and 3000® IndexesGlobeNewswire
- Universal Stainless (USAP) Shares Scale 52-Week High: Here's Why [Yahoo! Finance]Yahoo! Finance
USAP
Earnings
- 3/28/24 - In-Line
USAP
Sec Filings
- 6/14/24 - Form 4/A
- 6/14/24 - Form 4/A
- 6/14/24 - Form 4
- USAP's page on the SEC website