War hero and ambassador medals and memorabilia for sale

A GROUP of medals won by war hero Sir Thomas “Archie” Lamb are included in the Charterhouse’s September auction of medals, militaria, coins and stamps.

Richard Bromell, of Charterhouse, said: “This is a fantastic group of medals retracing the deeds and journeys of Sir Archie from the Second World War to the late 1970s when he was knighted in of the Queen’s birthday in 1979.

“With the market for medals, militaria, coins and stamps remaining strong, we have already generated a lot of pre-sale interest for this group.”

Archie was born in 1921 and joined the Foreign Office in 1938 and on the outbreak of the Second World War he volunteered for the RAF.

Mobilized in 1941, he completed his pilot training in Rhodesia. However, when he returned to Britain on the SS Oronsay, the ship was torpedoed and he spent nine days adrift in a lifeboat before being rescued.

He flew combat missions in typhoons and hurricanes and was awarded the Distinguished Flying Cross.

After the war, he returned to the Foreign Office, serving as Ambassador to Kuwait and later to Norway.

The medals, along with his sword, RAF woolen sash, silver ashtray and old diplomatic pouch are estimated at £2,500-4,500 at Charterhouse’s two-day auction on September 1-2 .

Richard Bromell and the Charterhouse team can be contacted for appraisals at The Long Street Salerooms, Sherborne 01935 812277 [email protected] where they are taking further entries for their September specialist coin auctions, medals, stamps, clocks and collectors followed by automobilia on September 29 and then classic cars and classic motorcycles in October.

New Zipp 858 NSW wheelset – Triathlete

Exam score





Zipp took an already fast (and expensive) wheel, made it significantly lighter, increased the inner rim width from 18mm to 23mm, and added a few millimeters of depth to their unique sawtooth design. The result is an extremely fast wheel, but one that also might not work on all bikes or tire preferences.

Removing 244 grams from a 1800 gram wheelset is actually a big deal

Zipp claims additional watt savings with the deeper profile

A wider internal rim width is better optimized for wide tires (resulting in lower pressure and a smoother ride)

Hookless design adds a claimed saving of 8 watts in rolling resistance

Still so expensive

A minimum tire width of 25mm may not suit everyone

Optimized for 28mm tires which may not fit many frames or forks

Price

$4,400

“], “filter”: { “nextExceptions”: “img, blockquote, div”, “nextContainsExceptions”: “img, blockquote”} }”>

To access all of our workouts, gear, and race coverage, plus exclusive workout plans, FinisherPix photos, event discounts, and GPS apps, >”,”name”:”in-content- cta”,”type”:”link “}}”>subscribe to Outside+.

Ever since 2005 when Zipp introduced an 81mm dimple wheel, triathletes have had a love affair with the 808 wheelset. Never content to just go with a 40-65mm deep carbon wheel , triathletes have always been okay with the added weight penalty, knowing that the 80(ish)mm wheelset would yield big aero gains without the sketchy handling, rough ride and massive weight penalty of a disc entirely in carbon. In the years since, Zipp has made some tweaks, most recently creating the older 858 NSW with a 77/82mm undulating rim depth which they claim offered most of the frontal aero benefits with fewer handling issues. crosswind. This year’s big update to the 858 NSW could have easily justified some kind of inscrutable name change (like the 868 NSW.1 or a mess), but they kept the same name, while making the new wheel all except.

RELATED: Understanding Rim Depth for Triathletes

Zipp 858 NSW: The Basics

Before we get into what’s new for this version of the 858 NSW, let’s quickly talk about the basics of this wheelset: First, you’re looking at a fairly expensive $4400 wheelset ($2000 front 12x100mm disc only, $2,400 rear 12×142 disc only) which is available in SRAM XDR or SRAM/Shimano compatible hubs. The wheels are 24 spoke front and rear, with ZZR1 DB hubs with 66 engagement points. Although this is an optimized tubeless wheelset, Zipp says you can use a tubeless compatible tire with a tube inside to act as a tire setup if you don’t want to worry about sealant and tubeless seats, however, you can’t use a standard tubed clincher tire. There is no rim brake option.

RELATED: Ask an Equipment Guru: What Are Tubeless Tires Used For?

New features in this updated version of the 858 NSW include an internal width of 23mm (the old version was 18mm), which means you can only use a tubeless compatible tire 25mm wide or wider. The new 858s are also optimized for 28mm tires, but Zipp even encourages riders to use 30mm. Also, the new versions have gone through a fairly substantial diet, slashing the wheelset’s overall weight by 274 grams, down to a very svelte 1530g per wheelset, something more in line with a pair of hoops from 50 to 60 mm. Part of that weight reduction is likely due to the hookless rim profile, which Zipp says saves 8 watts in rolling resistance when used with 28mm tubeless tires. but surprisingly the new wheels are actually deeper than the old set – 82mm-85mm alternating from the old version at 77mm-82mm. More on what this means below.

Zipp 858 NSW: the good one

We were lucky enough to spend some time on a set of new 858s just before they launched, and one of Zipp’s main claims was that the updated profile meant less crosswind forces. To challenge that head-on, we slapped a pair of Continental 5000 28mm TLRs on the 858s and bolted them to the squirreliest tri-rig in our arsenal, the new Argon E-117.

Imagine our surprise when the new 858s dramatically softened the bike’s notoriously rough and rough ride almost immediately. The crosswind forces felt more like a 55mm-65mm wheelset than anything north of an 82mm rim, and we were able to use the optimized 28mm tires – which were very tight rear – at 58 psi (front) and 61 psi (rear), as recommended by Zipp. This low-pressure situation helped smooth out the usually bumpy ride of the Argon-plus-carbon-deep rim combo, and also made for fantastic cornering.

Plus, the nearly 15-percent reduction in rotating weight allowed us to power through rolling climbs, accelerate out of corners, and generally have a super fun time in what is usually a more awkward riding situation. These wheels have both smoothed out a bike that’s usually a little hard to handle while also upping the fun factor on the climbs and corners. In terms of flat out speed in the aerobars, the increased depth made them scream.

RELATED: Why it’s time to look at wide wheels

Zipp 858 NSW: the good one

First, let’s not ignore the elephant in the room: $4,400 is a lot for a pair of wheels. In fact, $4,400 is not a cheap bike. And while Zipp (thankfully) dropped the price of the new version of their “budget” 80mm carbon wheels, the 808 Firecrest, from $2,800 to $2,300, they couldn’t budge on the price. of the 858 NSW. The price not only makes this a wheelset for an exclusive group of triathletes who have the money to buy them, but there are a few other features on this new release that only work for a select few.

If you are interested in this wheelset, you must be 100% sure that your bike can accommodate 25mm tires and that you want to use 25mm tires. all the time. While I can tell you beyond a shadow of a doubt that there is no reason you should run less than that, especially on this wheelset, just know that a 21mm or 23 mm is out of the question, according to Zipp, due to the new 23mm inner rim depth. We found that the suggested 28mm Continental GP 5000 TLR tires barely cleared the rear triangle of our new 2022 Argon E-117 frameset, so if you’re dreaming of speed-optimized 28mm be super super sure that your framework will work. Also keep in mind that you must also use a tubeless compatible tire, due to the hookless rim design, but that doesn’t mean you can’t use a tubeless compatible tire with an inner tube in it. interior.

Finally, while the crosswind forces on the new 858 NSW were greatly reduced – and the handling of our usually nervous Argon was much more stable – we did experience some weird wobble from time to time when large vehicles passed. It was a unique feel for the 858s that we hadn’t often felt on other axles in the 50-85mm range, and it wasn’t something we worried about, but it was slightly noticeable.

conclusion

If you set aside the high price and user-limiting features of the new Zipp 858 NSWs (things like its tubeless-only and 25mm+-only tire), this is actually a game of fairly revolutionary wheels. In the past, triathletes would typically choose a frame and then buy wheels around that frame. The old way of thinking was that frame weight mattered (it doesn’t really matter, in triathlon) and you needed a nice carbon frame to get a nice, smooth ride that wouldn’t beat you up. We would spend more money on a frame with a faster and/or more comfortable ride and one that handles better. With the introduction of an 82mm+ wheelset that tips the scales at 1530g (remember rotational weight is more important than static weight, as you’ll find on a frame) and is optimized for the 28mm tires you can run at very low pressures like 58 /61psi like we did, you take the gun out of the frame hand when it comes to weight and ride/handling characteristics.

In other words, you could put this wheelset on a tough tri bike that had good aero but was a bit beefy/rough, and the low pressure/high width tires would smooth out the ride for you to do ‘t be so beat on the bike (and later, the race). You would also take a lot of the weight penalty off because a 1530 gram wheelset can roll up a hill much quicker and easier than an 1800 gram pair.

Of course, this wheelset isn’t for everyone, given its price and tire limitations, but if you’ve been hesitant to go for a wider tire or go entirely tubeless (and you know your bike can accommodate the width), this wheelset should pique your interest. In fact, I’d go so far as to say that I would consider putting this $4000+ wheelset on a $2000 tunnel tested tri-frame, and I’d probably end up faster, happier and more comfortable than most $8,000 frame/wheel setups would ever reach. Hats off to Zipp for once again giving triathletes something new and exciting to envy.

RELATED: The best triathlon bikes, updated for 2022

Latest News | HMSI launches CB300F tagged at Rs 2.25 Lakh

New Delhi, Aug 8 (PTI) Honda Motorcycle & Scooter India on Monday launched the CB300F bike priced at Rs 2.25 lakh (ex Delhi showroom).

The company said customers can now reserve the 293cc bike at its nearest BigWing showrooms.

Read also | “Odisha knows Achhe Din, the state has a large number of representatives at the national level,” says Union Home Minister Amit Shah.

“The two-wheeler landscape in India is undergoing a big change as we move up the motorcycle category. Riders, in the mid-size segment and above in particular, are looking for the right balance of performance, versatility and modernity. “, HMSI MD , President and CEO Atsushi Ogata said in a statement.

The company presented the bike in two versions – Deluxe and Deluxe Pro – priced at Rs 2.25 lakh and Rs 2.28 lakh, respectively. *** ExxonMobil Partners with THINK Gas Distribution * ExxonMobil Lubricants announced on Monday that it has signed a partnership with THINK Gas Distribution to market its range of compressed natural gas (CNG) lubricants for passenger and commercial vehicles.

Read also | Tecno Camon 19 Pro 5G India launch confirmed for August 10, 2022.

This partnership will allow Mobil’s specialty gas engine oil offerings to be available at THINK Gas owned and operated stations in various states across the country.

“We have introduced a line of lubricants for CNG-powered vehicles that help improve vehicle productivity, performance and reliability, while meeting industry specifications for CNG vehicles,” said Vipin Rana, CEO of ExxonMobil Lubricants.

***Aaava Group Organizes Student Development Program* Solar energy company Avaada organized “Student Development Program” to develop social and moral values ​​among students as part of its social responsibility initiatives companies (CSR).

The first phase of the program launched by its philanthropic arm Avaada Foundation has been rolled out in Rishikesh targeting around 12,000 students enrolled in 10 schools, according to a statement.

(This is an unedited and auto-generated story from syndicated newsfeed, LatestLY staff may not have edited or edited the body of the content)

Rising fuel prices spark protests in Bangladesh

Thousands of Bangladeshis besieged petrol stations across the country after the government hiked prices by 52%, the biggest hike on record, due to rising oil prices.

dd

Russia’s invasion of Ukraine has seen global energy prices soar, although oil has fallen in recent weeks as recession fears mount.

Dhaka announced on Friday that the price of petrol increased by 51.7% and diesel by 42.5% from midnight. Motorcyclists rushed to gas stations across the country to try and fill up before the price hike took effect. Some stations have suspended sales and sporadic protests have broken out.

Protesters said the increases would disproportionately hit the tens of millions of the country’s poor, who use diesel to power transport and agricultural irrigation pumps. In Sylhet, retailers tried to charge higher prices immediately after the hike was announced, police commissioner Nisharul Arif said.

Motorcyclists rushed to gas stations across the country to try and fill up before the price hike took effect. Some stations have suspended sales and sporadic protests have broken out.

Protesters said the increases would disproportionately hit the tens of millions of the country’s poor, who use diesel to power transport and agricultural irrigation pumps.

In the town of Sylhet, retailers tried to impose higher prices immediately after the hike was announced, police commissioner Md. Nisharul Arif said. “People gathered and protested in front of all the gas pumps.”

Similar protests took place in other cities, following protests held earlier in the week. Energy Minister Nasru Hamid told reporters the decision was driven by global markets.

“Some adjustments need to be made given the global situation. If the situation normalizes, fuel prices will be revised accordingly,” he said.

Bangladesh has been hit by rising energy prices following the war in Ukraine, sparking a struggle to source fuel for power plants.—AFP

How has brand reputation moved beyond the table stakes for e-commerce marketplaces in 2022?

The US Census estimates that total e-commerce sales reached $870.8 billion in 2021, a staggering 14.2% increase from 2020. The top four global online markets alone receive nearly 8 billion visits per month, and that’s only a fraction of the total number. reported online market visits. In an EverC survey conducted in November and December 2021, 72% of shoppers say they use e-commerce marketplaces once a month or more.

However, customer loyalty to individual brands has plummeted and shoppers are experimenting with new shopping alternatives at an unprecedented rate. In fact, 75% of US consumers have tried a new shopping behavior in response to economic pressures, store closures and shifting priorities over the past two years. Although businesses replaced government and the media as the most trusted institutions in 2021, 74% of consumers say they will stop buying from brands that break their trust.

This means that to thrive today, businesses must maintain customer trust or risk losing market share and revenue. Brand trust and reputation now require more than lip service – they are going from nice to have to fundamental requirements for doing business in e-commerce. Yet, at the same time, we are also seeing explosive growth in the sale of counterfeit and pirated goods in the digital world, especially on popular e-commerce platforms and online marketplaces such as Amazon. And each such sale not only poses a threat to consumer confidence, but the risks can extend to physical, legal and financial damages.

To understand the extent and impact of marketplace fraud, consider this: Nearly $1 trillion worth of counterfeits flood the global economy each year. Amazon blocked 10 billion counterfeit registration attempts in 2020 alone while seizing more than 2 million counterfeit products. And most counterfeits are ordinary consumer items that people trust, like infant formula, hand soap and bicycle helmets, not exotic couture products.

The e-commerce crisis

Selling counterfeit products or controlled substances can result in legal action, hefty fines, and regulatory exposure. They also have a direct impact on brand trust for e-commerce marketplaces. Four in ten consumers (41%) say their experiences of receiving fraudulent products have negatively impacted their willingness to purchase from e-commerce sites, while 88% of Americans believe that e-commerce marketplaces should be held responsible for counterfeit and illegal products sold on their websites. .

Online retailers may feel that they only need to focus on their own compliance strategies to protect themselves from these risks. However, the damage to brand trust ripples through the entire market experience. When consumers have an unfavorable experience with an online marketplace site, they can easily lose confidence in the whole process. They may feel that shopping on individual brand websites or, as the pandemic recedes, in physical stores brings them greater reliability.

The risks posed by counterfeit products are unsustainable for online marketplaces and unacceptable for online consumers. That’s why SaaS products are now being developed to quickly deliver what no human process ever could: the ability to identify and eliminate malicious listings among the billions of items for sale online.

Driven by artificial intelligence and machine learning, these platforms can identify illicit products at scale to provide brand protection and regulatory compliance. So, with greater visibility into the dark corners of the web, e-commerce marketplaces can act to weed out counterfeit products, provide safety and peace of mind to buyers, and uphold both their reputation and bottom line. .

Written by Noam Rabinovich, co-founder of EverC

royal_enfield_hunter_350_price_launch_india_1659773946127_1659773946287_1659773946287-3

Royal Enfield Hunter 350: price expectation

Royal Enfield will launch the Hunter 350cc motorcycle in India tomorrow, August 7th. It will compete with Honda CB350RS, Jawa 42 or the recently launched TVS Ronin.

Royal Enfield will announce the price of the Hunter 350 motorcycle, which will be launched in India on August 7.

Royal Enfield is set to launch the Hunter 350 motorcycle in India tomorrow. The two-wheeler maker will announce pricing for the 350cc bike on August 7. Royal Enfield has already previewed the new bike ahead of the official launch. Except for the price, the features, specifications and other details of the Hunter 350 were also revealed ahead of Sunday’s event. According to the spec sheet, the new Hunter 350 will be the lightest Royal Enfield 350 motorcycle ever made in recent times.

According to the specifications, the Royal Enfield Hunter 350 will come in two variants called Metro and Retro. The bike weighs 181 kg and has a top speed of 114 km/h. The bike uses a fairly common engine with other Royal Enfield 350cc bikes, but there is a slight difference in the gear ratio which is longer than the Classic and Meteor. The two-wheeler maker tweaked it to reduce top speed and improve the overall torque-taking feel of this Scrambler.

The suspension setup of the Hunter 350 will be similar to that used in the Meteor 350. It will have a seat height of 800mm, ground clearance of 150mm and the fuel tank capacity is 13 litres. The Metro version of the bike sits on a pair of 17-inch alloy wheels with front and rear disc brakes. It also gets dual-channel ABS, LED taillight, two-tone paint scheme, among other features. The Retro variant of the Hunter 350 will feature a rear drum brake, single-channel ABS, wire-spoke wheels and a solid color scheme.

Both variants of the Royal Enfield Hunter 350 motorcycle will be powered by a 349cc single-cylinder air/oil cooled SOHC engine which will be offered with a five-speed gearbox. The engine is capable of producing a maximum power of 20.2 hp at 6,100 rpm and a maximum torque of 27 Nm at 4,000 rpm. Royal Enfield claims the 350cc motorcycle will return a mileage of 36.2 kmpl.

The Hunter 350 will compete with the Honda CB350RS, Jawa 42 or the recently launched TVS Ronin when it launches. The price of the motorcycle is likely to start from around ₹1.30 lakh (ex-showroom) and can go up to ₹1.45 lakh (old showroom).

Date of first publication: Aug 06, 2022, 2:07 PM IST

US agency investigates Tesla crashes | Company

DETROIT (AP) — Two crashes involving Teslas apparently running on autopilot are drawing the attention of federal regulators and pointing to a potential new hazard on U.S. highways: Partially automated vehicles may fail to stop for motorcycles.

The National Highway Traffic Safety Administration dispatched investigation teams to two crashes last month in which Teslas collided with motorcycles on dark highways. Both were deadly.

The agency suspects that Tesla’s partially automated driver assistance system was used in each of them. The agency says once it gathers more information, it could include the crashes in a larger investigation of Teslas hitting emergency vehicles parked along highways. NHTSA is also investigating more than 750 complaints that Teslas may brake for no reason.

The first crash involving a motorcyclist happened at 4:47 a.m. on July 7 on State Route 91, a highway in Riverside, California. A white Tesla Model Y SUV was driving east in the high occupancy vehicle lane. Ahead of him was a rider on a green Yamaha V-Star motorcycle, the California Highway Patrol said in a statement.

At some point the vehicles collided and the unidentified motorcyclist was ejected from the Yamaha. He was pronounced dead at the scene by firefighters.

Whether or not the Tesla was running on Autopilot is under investigation, a CHP spokesperson said.

The second crash happened around 1:09 a.m. July 24 on Interstate 15 near Draper, Utah. A Tesla Model 3 sedan was behind a Harley-Davidson motorcycle, also in a HOV lane. “The Tesla driver did not see the motorcyclist and collided with the rear of the motorcycle, throwing the rider off the bike,” the Utah Department of Public Safety said in a statement. press release prepared.

The rider, identified as Landon Embry, 34, of Orem, Utah, died at the scene. The Tesla driver told authorities he had activated the vehicle’s Autopilot setting, according to the statement.

Men arrested after selling stolen flooring on Facebook

Aug. 6 – Two Morgantown men are charged with receiving or transferring stolen property after allegedly being in possession of approximately $9,000 worth of stolen vinyl flooring.

Monongalia County Sheriff’s Deputies were initially called to a home under construction in a development in the Snake Hill Road/Ed Dunn Road area of ​​Morgantown on July 7 after the contractor noticed the flooring was missing then that he was there that morning.

According to the criminal complaint, the homeowner told deputies she saw the same type of flooring listed on Facebook Marketplace that morning by someone named Marion Efaw.

Deputies searched their system and found Marion Robert Efaw II, 24, of Morgantown, who had a capias warrant for driving while her license was revoked for impaired driving. The address given by Efaw was on Dunn Cemetery Road, which is close to the address from which the soil was stolen.

On July 15, according to the complaint, Efaw contacted the builder of the house via Facebook Messenger and informed him of the location of the soil and that another man named “Raymond Murray was responsible for it”.

Efaw provided an address for Raymond Murray, which law enforcement found to be the same Dunn Cemetery Road address recorded for Efaw. He also said he only took photos of the floor and posted them on Facebook Marketplace for Murray.

The photos allegedly taken by Efaw were inside a storage building with a motorcycle in the background, according to the complaint.

On July 16, deputies searched the premises surrounding Efaw and Murray’s residence and found the building and motorbike matching the photo.

Deputies found “approximately 45 planks of the vinyl flooring under Murray’s bed”, according to the complaint, “and also found Mr. Murray hiding in a closet in an adjacent room”.

Murray told deputies he was hiding in the closet because he had warrants and had purchased the flooring from Efaw and intended to lay it in the hallway of the residence. He admitted that he knew he had been robbed and had been moved from the apartment building to the residence.

Murray was charged with receiving or transferring stolen property on July 16 and was released on $10,000 bond.

According to the complaint, Efaw surrendered on the evening of July 16 and was also charged with receiving or transferring stolen property. He was arraigned on August 4 and bail was set at $50,000. He is being held at the Center-North Regional Prison.

TWEET @DominionPostWV

nigerian-economy-2

Effective Business and Trade Development is more than a lecture, by Ejike E Okpa

Nigerian economy firs-ad-2-1

Trade and investment conferences have been organized in Africa and the Caribbean to foster better cooperation between Africans on the continent and its distant descendants. At the end, one wonders where is the impact?

None of the Caribbean nations have the depth of an economy to ignite what will trigger Africa. These are flashes on the pan.

lotus-bank

They are over-dependent independent nations that lack strong legislation to curb and cut off the vultures that hunt them as they rely on the generosity of foreign interests. Why current conditions persist.

From the late 80s to the early 90s, various US cities and government agencies had no restrictions when buying certain things.

It wasn’t until the “Buy America” ​​legislation was passed that domestic purchases of American products were triggered, and they even added a percentage of content to qualify as Made in America.

For example, the Addison Police Department used Volvo cars and BMW motorcycles, but once the legislation took effect, they were all American automobiles.

No public agency in the United States will use foreign-made automobiles.

The government is a big spender, they should channel this into locally made products.

When the Bush Presidential Library Dallas was built, it was required that the materials to be used could not come from more than 150 miles from Dallas.

This is what legislation does to promote business development.

In the case of Africa, Nigeria to be exact and many others, they have no legislation to restrict what they buy and from where.

Jamboree-style conferences where bureaucrats show up to look good with no good ideas, that’s why Africa and its descendants look like JJ-Cs.

My 2 cents.

Ejike E OKPA
Written from the United States

bar-e1654915353229

Related

nitda-2years-ad2

universal-technical-institute-logo

Universal Technical Institute (NYSE:UTI) price target cut to $10.00 by analysts at Rosenblatt Securities

Universal Technical Institute (NYSE: UTI – Get a rating) had its price target lowered by stock analysts Rosenblatt Securities from $11.00 to $10.00 in a research report released Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Rosenblatt Securities’ price target indicates a potential upside of 43.06% from the current stock price.

Several other equity research analysts have also recently commented on the UTI. Argus upgraded Universal Technical Institute from a “hold” rating to a “buy” rating and set a price target of $10.00 for the company in a Tuesday, June 28 research note. They noted that the move was a review call. B. Riley raised his price target on Universal Technical Institute from $11.00 to $14.00 in a Wednesday, April 20 research note. StockNews.com moved the Universal Technical Institute from a “buy” rating to a “hold” rating in a Friday, July 22 research report. Finally, Barrington Research raised its price target on Universal Technical Institute from $10.00 to $14.00 and gave the stock a “buy” rating in a Thursday, May 5 research report. One financial analyst gave the stock a hold rating and four gave the stock a buy rating. According to MarketBeat.com, Universal Technical Institute has an average rating of “Moderate Buy” and an average target price of $11.80.

Performance of shares of the Universal Technical Institute

A d Investment trends

183 pounds of copper for a single electric vehicle

To build a single electric vehicle (EV) motor, it takes 183 pounds of copper. Compare that to just 18 pounds needed in a gas-powered car. That’s 10 TIMES more copper. Electric vehicles are expected to increase by 1,400% by 2030. More sources of copper are desperately needed to meet demand.

Shares of UTI traded down $1.31 during Thursday trading hours, hitting $6.99. The stock had a trading volume of 37,033 shares, compared to an average volume of 214,839. The company has a market capitalization of $230.95 million, a PE ratio of 12.02, a PEG ratio of 0, 88 and a beta of 0.65. Universal Technical Institute has a 12-month low of $6.43 and a 12-month high of $11.45. The stock’s 50-day moving average is $7.95 and its 200-day moving average is $8.43. The company has a debt ratio of 0.32, a current ratio of 0.92 and a quick ratio of 0.92.

Universal Technical Institute (NYSE: UTI – Get a rating) last released its quarterly earnings data on Wednesday, May 4. The company reported earnings per share of $0.12 for the quarter, beating the consensus estimate of ($0.01) by $0.13. Universal Technical Institute had a return on equity of 31.96% and a net margin of 9.58%. The company posted revenue of $102.09 million in the quarter, versus a consensus estimate of $97.20 million. As a group, research analysts expect Universal Technical Institute to post earnings per share of 0.62 for the current fiscal year.

Insider activity

In other news, CEO Jerome Alan Grant sold 20,000 shares of the company in a trade on Tuesday, May 31. The stock was sold at an average price of $9.08, for a total value of $181,600.00. Following completion of the transaction, the CEO now owns 87,152 shares of the company, valued at $791,340.16. The sale was disclosed in an SEC filing, available at this link. Insiders of the company hold 3.50% of the shares of the company.

Universal Technical Institute Institutional Trade

A number of large investors have recently changed their positions in the stock. Renaissance Technologies LLC increased its stake in shares of Universal Technical Institute by 0.7% during the first quarter. Renaissance Technologies LLC now owns 1,537,294 shares of the company valued at $13,605,000 after acquiring 10,993 additional shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Universal Technical Institute by 10.6% in Q1. Dimensional Fund Advisors LP now owns 953,416 shares of the company worth $8,438,000 after purchasing an additional 91,584 shares in the last quarter. Victory Capital Management Inc. increased its stake in Universal Technical Institute by 4.9% in the 1st quarter. Victory Capital Management Inc. now owns 670,369 shares of the company worth $5,933,000 after purchasing an additional 31,276 shares last quarter. Goldman Sachs Group Inc. increased its stake in Universal Technical Institute by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 538,538 shares of the company worth $4,766,000 after buying an additional 18,136 shares in the last quarter. Finally, BlackRock Inc. increased its stake in Universal Technical Institute by 0.7% in the 1st quarter. BlackRock Inc. now owns 507,116 shares of the company worth $4,487,000 after buying 3,325 additional shares in the last quarter. Institutional investors and hedge funds own 70.66% of the company’s shares.

About Universal Technical Institute

(Get a rating)

Universal Technical Institute, Inc. offers transportation and technical training programs in the United States. The company provides post-secondary education for students who wish to pursue careers as professional automotive, diesel, body repair, motorcycle and marine technicians. It also offers certificate, diploma, or diploma programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, and NASCAR Technical Institute.

Further reading

This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Universal Technical Institute right now?

Before you consider Universal Technical Institute, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Universal Technical Institute wasn’t on the list.

While Universal Technical Institute currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here