Unity Software Inc (U) concluded trading on Tuesday at a closing price of $22.80, with 3.79 million shares of worth about $86.33 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 38.46% during that period and on December 24, 2024 the price saw a gain of about 1.97%. Currently the company’s common shares owned by public are about 402.58M shares, out of which, 299.36M shares are available for trading.
Stock saw a price change of -7.58% in past 5 days and over the past one month there was a price change of -3.14%. Year-to-date (YTD), U shares are showing a performance of -44.27% which decreased to -41.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.90 but also hit the highest price of $43.54 during that period. The average intraday trading volume for Unity Software Inc shares is 11.39 million. The stock is currently trading -7.75% below its 20-day simple moving average (SMA20), while that difference is up 1.95% for SMA50 and it goes to 10.41% higher than SMA200.
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Unity Software Inc (NYSE: U) currently have 402.58M outstanding shares and institutions hold larger chunk of about 56.91% of that.
The stock has a current market capitalization of $9.37B and its 3Y-monthly beta is at 2.34. It has posted earnings per share of -$2.04 in the same period. It has Quick Ratio of 2.41 while making debt-to-equity ratio of 0.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for U, volatility over the week remained 6.52% while standing at 6.06% over the month.
Stock’s fiscal year EPS is expected to drop by -15.74% while it is estimated to decrease by -18.42% in next year. EPS is likely to grow at an annualized rate of -4.00% for next 5-years, compared to annual growth of -34.36% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on October 29, 2024 offering an Equal weight rating for the stock and assigned a target price of $20 to it. Coverage by Stifel stated Unity Software Inc (U) stock as a Buy in their note to investors on September 13, 2024, suggesting a price target of $25 for the stock. On September 03, 2024, Morgan Stanley Upgrade their recommendations, while on February 27, 2024, Piper Sandler Upgrade their ratings for the stock with a price target of $30. Stock get an Underperform rating from Macquarie on February 12, 2024.
