Universal Stainless (USAP) Shares Scale 52-Week High: Here's Why

In the past year, the stock has surged 188% compared with the industry's 19.5% rise in the same period. Image Source: Zacks Investment Research Universal Stainless & Alloy Products, Inc.' (USAP) shares reached a fresh 52-week high of $34.75 on May 28, before closing at $34.47. What's Driving Universal Stainless? In first-quarter 2024, USAP exhibited robust performance, marking a notable turnaround from the prior year's figures. The company reported earnings of 43 cents per share, an improvement from a loss ...