Zacks Investment Research downgraded shares of Unique Fabricating (NYSEAMERICAN:UFAB) from a hold rating to a sell rating in a research note released on Tuesday morning.

According to Zacks, “Unique Fabricating, Inc. is a supplier of components in the automotive and industrial appliance market. The Company’s solutions comprised of multi-material foam, rubber and plastic components for noise, vibration and harshness management, acoustical management, water and air sealing, decorative and other functional applications. Its processes include die cutting, thermoforming, compression molding, fusion molding and assembly. The company operates primarily in Auburn Hills, Michigan, LaFayette, Georgia and Monterrey, Mexico. Unique Fabricating, Inc. is headquartered in Auburn Hills, Michigan. “

UFAB has been the topic of several other reports. B. Riley reaffirmed a buy rating and issued a $12.00 target price on shares of Unique Fabricating in a research report on Monday, November 6th. TheStreet raised Unique Fabricating from a d+ rating to a c- rating in a research report on Tuesday, January 16th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. Unique Fabricating has an average rating of Hold and an average target price of $11.50.

Shares of Unique Fabricating (UFAB) opened at $7.63 on Tuesday. The stock has a market capitalization of $74.45 and a P/E ratio of 12.11. Unique Fabricating has a 52-week low of $7.05 and a 52-week high of $12.38.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Perritt Capital Management Inc. grew its stake in shares of Unique Fabricating by 25.0% in the fourth quarter. Perritt Capital Management Inc. now owns 75,000 shares of the auto parts company’s stock worth $557,000 after purchasing an additional 15,000 shares in the last quarter. Royce & Associates LP grew its stake in shares of Unique Fabricating by 3.3% in the fourth quarter. Royce & Associates LP now owns 583,141 shares of the auto parts company’s stock worth $4,327,000 after purchasing an additional 18,752 shares in the last quarter. Pacific Ridge Capital Partners LLC grew its stake in shares of Unique Fabricating by 60.6% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 470,536 shares of the auto parts company’s stock worth $3,491,000 after purchasing an additional 177,566 shares in the last quarter. Weber Alan W grew its stake in shares of Unique Fabricating by 42.7% in the fourth quarter. Weber Alan W now owns 88,100 shares of the auto parts company’s stock worth $654,000 after purchasing an additional 26,371 shares in the last quarter. Finally, Connors Investor Services Inc. grew its stake in shares of Unique Fabricating by 47.9% in the fourth quarter. Connors Investor Services Inc. now owns 41,669 shares of the auto parts company’s stock worth $309,000 after purchasing an additional 13,498 shares in the last quarter.

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About Unique Fabricating

Unique Fabricating, Inc is a United States-based company, which is engaged in the engineering and manufacturing of components for customers in the automotive and industrial appliance market. The Company offers various solutions, which consist of multi-material foam, rubber and plastic components. The Company’s fabricating capabilities include foam fabricating; foam die cutting; multi-layer die cutting; precision high-speed cutting; kiss cutting; fusion molding; vacuum forming; twin-sheet thermoforming; compression molding precision original equipment manufacturing (OEM) parts; non-metallic materials die cutting/fabrication; sound control parts, and soundproofing materials.

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