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In the latest session, Unity Software Inc (NYSE: U) closed at $16.35 down -1.57% from its previous closing price of $16.61. In other words, the price has decreased by -$1.57 from its previous closing price. On the day, 4.96 million shares were traded. U stock price reached its highest trading level at $16.9263 during the session, while it also had its lowest trading level at $16.31.
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 5.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.80. 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 Jul 18 ’24 when Lee Michelle K. sold 800 shares for $18.02 per share. The transaction valued at 14,416 led to the insider holds 8,815 shares of the business.
Gupta Anirma sold 1,566 shares of U for $24,868 on Jun 24 ’24. The SVP, Chief Legal Officer now owns 362,644 shares after completing the transaction at $15.88 per share. On Jun 18 ’24, another insider, Lee Michelle K., who serves as the Director of the company, sold 800 shares for $16.32 each. As a result, the insider received 13,056 and left with 9,261 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 6390594048 and an Enterprise Value of 7813728256. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 3.639 whereas that against EBITDA is -35.339.
Stock Price History:
Over the past 52 weeks, U has reached a high of $47.16, while it has fallen to a 52-week low of $15.15. The 50-Day Moving Average of the stock is -6.49%, while the 200-Day Moving Average is calculated to be -38.76%.
Shares Statistics:
For the past three months, U has traded an average of 9.21M shares per day and 9246020 over the past ten days. A total of 384.87M shares are outstanding, with a floating share count of 284.39M. Insiders hold about 27.24% of the company’s shares, while institutions hold 53.65% stake in the company. Shares short for U as of 1721001600 were 31929619 with a Short Ratio of 3.47, compared to 1718323200 on 33456006. Therefore, it implies a Short% of Shares Outstanding of 31929619 and a Short% of Float of 8.520000399999999.
