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The closing price of Unity Software Inc (NYSE: U) was $21.62 for the day, up 3.54% from the previous closing price of $20.88. In other words, the price has increased by $3.54 from its previous closing price. On the day, 8.48 million shares were traded. U stock price reached its highest trading level at $22.2 during the session, while it also had its lowest trading level at $20.5692.
Ratios:
Our analysis of U’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.35. For the most recent quarter (mrq), Quick Ratio is recorded 2.35 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 0.74 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 this company, Stifel on September 13, 2024, Reiterated its Buy rating but revised its target price to $25 from $20 previously.
On September 03, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight but kept the price unchanged to $22.
Piper Sandler Upgraded its Underweight to Neutral on February 27, 2024, whereas the target price for the stock was revised from $35 to $30.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 18 ’24 when Lee Michelle K. sold 800 shares for $20.58 per share. The transaction valued at 16,464 led to the insider holds 7,215 shares of the business.
Lee Michelle K. bought 800 shares of U for $16,464 on Sep 18 ’24. On Sep 13 ’24, another insider, Helgason David, who serves as the Director of the company, sold 250,000 shares for $20.59 each. As a result, the insider received 5,147,225 and left with 8,201,851 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 8580069888 and an Enterprise Value of 9908193280. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.16 while its Price-to-Book (P/B) ratio in mrq is 2.68. Its current Enterprise Value per Revenue stands at 4.803 whereas that against EBITDA is -36.183.
Stock Price History:
Over the past 52 weeks, U has reached a high of $43.54, while it has fallen to a 52-week low of $13.90. The 50-Day Moving Average of the stock is 17.35%, while the 200-Day Moving Average is calculated to be -7.75%.
Shares Statistics:
U traded an average of 12.79M shares per day over the past three months and 9659930 shares per day over the past ten days. A total of 384.87M shares are outstanding, with a floating share count of 283.20M. Insiders hold about 28.64% of the company’s shares, while institutions hold 52.07% stake in the company. Shares short for U as of 1727654400 were 29705666 with a Short Ratio of 2.32, compared to 1724976000 on 27244919. Therefore, it implies a Short% of Shares Outstanding of 29705666 and a Short% of Float of 7.8.
