Revenue Update on Universal Technical Institute(NYSE:UTI)

Universal Technical Institute(NYSE:UTI) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Nov 29, 2016. Earnings per share were $-0.13.

Universal Technical Institute (UTI) made into the market gainers list on Tuesdays trading session with the shares advancing 1.26% or 0.03 points. Due to strong positive momentum, the stock ended at $2.42, which is also near the day’s high of $2.49. The stock began the session at $2.42 and the volume stood at 1,77,856 shares. The 52-week high of the shares is $5.88 and the 52 week low is $1.4201. The company has a current market capitalization of $59 M and it has 2,43,47,039 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Mar 21, 2016, Bryce H Peterson (SVP Information Technology) sold 8,924 shares at $4.79 per share price.Also, On Apr 16, 2015, Chad Allen Freed (General Counsel, SVP Bus Dev) sold 8,000 shares at $10.00 per share price.On Mar 17, 2015, Rhonda R Turner (SVP People Services) sold 3,300 shares at $9.69 per share price, according to the Form-4 filing with the securities and exchange commission.

Universal Technical Institute Inc. (UTI) is engaged in providing postsecondary education for students seeking careers as professional automotive diesel collision repair motorcycle and marine technicians. The Company offers undergraduate degree and diploma programs at eleven campuses in the United States under the brand names including Universal Technical Institute (UTI) which offers automotive diesel and industrial and collision repair and refinishing programs; Motorcycle Mechanics Institute and Marine Mechanics Institute (MMI) which is designed to teach students about diagnosing servicing and repairing motorcycles and all-terrain vehicles and NASCAR Technical Institute (UTI/NASCAR Tech) which offers elective courses designed to teach students to learn about NASCAR engines and equipment and to acquire skills required for entry-level positions in automotive and racing-related career opportunities.

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