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Unity Software Inc (NYSE: U) closed the day trading at $24.16 down -1.59% from the previous closing price of $24.55. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 8.46 million shares were traded. U stock price reached its highest trading level at $24.86 during the session, while it also had its lowest trading level at $23.89.
Ratios:
For a better understanding of U, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.80. For the most recent quarter (mrq), Quick Ratio is recorded 2.59 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.86.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 01 ’24 when Carpenter Carol W. sold 2,000 shares for $24.18 per share. The transaction valued at 48,360 led to the insider holds 442,617 shares of the business.
Gupta Anirma sold 1,037 shares of U for $25,324 on Apr 29 ’24. The SVP, Chief Legal Officer now owns 386,706 shares after completing the transaction at $24.42 per share. On Apr 01 ’24, another insider, Carpenter Carol W., who serves as the SVP & Chief Marketing Officer of the company, sold 2,000 shares for $26.58 each. As a result, the insider received 53,160 and left with 444,617 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 9440229376 and an Enterprise Value of 10828331008. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.32 while its Price-to-Book (P/B) ratio in mrq is 2.92. Its current Enterprise Value per Revenue stands at 4.951 whereas that against EBITDA is -54.549.
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 $22.20. The 50-Day Moving Average of the stock is -8.61%, while the 200-Day Moving Average is calculated to be -24.77%.
Shares Statistics:
Over the past 3-months, U traded about 8.88M shares per day on average, while over the past 10 days, U traded about 5796710 shares per day. A total of 384.87M shares are outstanding, with a floating share count of 260.46M. Insiders hold about 33.34% of the company’s shares, while institutions hold 48.77% stake in the company. Shares short for U as of 1713139200 were 28535369 with a Short Ratio of 3.21, compared to 1710460800 on 32842385. Therefore, it implies a Short% of Shares Outstanding of 28535369 and a Short% of Float of 7.61.
