In the Green: Unity Software Inc (U) Closes at 15.85, Up/Down -1.00 from Previous Day

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In the latest session, Unity Software Inc (NYSE: U) closed at $15.85 down -1.00% from its previous closing price of $16.01. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 3.79 million shares were traded. U stock price reached its highest trading level at $16.1 during the session, while it also had its lowest trading level at $15.72.

Ratios:

For a deeper understanding of Unity Software Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.73. For the most recent quarter (mrq), Quick Ratio is recorded 2.14 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.73.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on February 27, 2024, Upgraded its rating to Neutral and sets its target price to $30 from $35 previously.

Piper Sandler Downgraded its Neutral to Underweight on January 02, 2024, whereas the target price for the stock was revised from $20 to $35.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 24 ’24 when Gupta Anirma sold 1,566 shares for $15.88 per share. The transaction valued at 24,868 led to the insider holds 362,644 shares of the business.

Lee Michelle K. sold 800 shares of U for $13,056 on Jun 18 ’24. The Director now owns 9,261 shares after completing the transaction at $16.32 per share. On May 29 ’24, another insider, Whitten Marc, who serves as the Chief Prod & Tech Officer of the company, sold 9,405 shares for $18.81 each. As a result, the insider received 176,908 and left with 948,836 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, U now has a Market Capitalization of 6148259328 and an Enterprise Value of 7571394048. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.89 while its Price-to-Book (P/B) ratio in mrq is 1.94. Its current Enterprise Value per Revenue stands at 3.526 whereas that against EBITDA is -34.243.

Stock Price History:

Over the past 52 weeks, U has reached a high of $50.08, while it has fallen to a 52-week low of $15.23. The 50-Day Moving Average of the stock is -20.85%, while the 200-Day Moving Average is calculated to be -43.32%.

Shares Statistics:

For the past three months, U has traded an average of 8.19M shares per day and 7356510 over the past ten days. A total of 384.87M shares are outstanding, with a floating share count of 284.72M. Insiders hold about 27.16% of the company’s shares, while institutions hold 53.34% stake in the company. Shares short for U as of 1718323200 were 33456006 with a Short Ratio of 4.09, compared to 1715731200 on 31206624. Therefore, it implies a Short% of Shares Outstanding of 33456006 and a Short% of Float of 8.92.

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