Watch for Continued Gains in Shares of United Natural Foods Inc. (UNFI)

November 12, 2021 10:42:27

Shares of United Natural Foods Inc. (NYSE:UNFI) traded today at $52.99, eclipsing its 52-week high. This new high was reached on below average trading volume as 74,000 shares traded hands, while the average 30-day volume is approximately 569,000 shares.

In the past 52 weeks, shares of United Natural Foods Inc. have traded between a low of $14.55 and a high of $52.99 and is now at $52.92, which is 264% above that low price.

United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company’s products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and foodservice channels such as e-commerce platforms. The company’s operations are comprised of principal divisions: the wholesale division; the retail division; and the manufacturing and branded products division.

United Natural Foods Inc. (NYSE:UNFI) is currently priced 2.5% above its average consensus analyst price target of $51.58.

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