Shares in Universal Technical Institute Inc. (UTI:NYQ) unsteady in week ending June 18

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Shares in Universal Technical Institute Inc. (UTI:NYQ), based in Scottsdale, were unsteady on Wall Street in the week ending June 18.

The lowest share price reached in the week was $7.78 compared to a high of $8.29.

Universal Technical Institute Inc. in Scottsdale employs 1,660 people and has reported $31,980,000 USD in income.

Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.

Tony Despirito at investment firm BlackRock said “Overall, companies have beat analyst expectations on both earnings per share and revenue growth. But the latter has been particularly strong.”

George Sweeney, a qualified financial advisor writing for The Motley Fool, cautioned the market will have to cool eventually, though it may not be a full crash as some predict.

“The market seems to flinch with any piece of news. My view is there could be a drop in the stock market...but only if there is some significant bad news or a global event.”

Nothing in this article is to be assumed as financial advice.

Shares are considered unsteady when they change more than 3% both up and down during the time frame.

Share price of Universal Technical Institute Inc. stocks in the week ending June 18

DateShare Asking Price
June 17$7.78
June 16$7.89
June 15$8.29
June 14$7.84

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