Moreover, the 36-month beta value for U is 2.25. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for U is 284.39M and currently, short sellers hold a 10.74% of that float. On August 12, 2024, U’s average trading volume was 9.79M shares.
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U) stock’s latest price update
The stock of Unity Software Inc (NYSE: U) has increased by 8.22 when compared to last closing price of 14.36. Despite this, the company has experienced a 1.44% gain in its stock price over the last five trading sessions. investorplace.com reported 2024-08-10 that As we advance further into the digital age, augmented reality (AR) continues to emerge as a pivotal technology reshaping numerous industries. The AR market is ripe for significant growth.
U’s Market Performance
Unity Software Inc (U) has experienced a 1.44% rise in stock performance for the past week, with a -5.93% drop in the past month, and a -35.68% drop in the past quarter. The volatility ratio for the week is 7.00%, and the volatility levels for the past 30 days are at 6.07% for U. The simple moving average for the last 20 days is -3.09% for U stock, with a simple moving average of -40.45% for the last 200 days.
Analysts’ Opinion of U
Many brokerage firms have already submitted their reports for U stocks, with Piper Sandler repeating the rating for U by listing it as a “Neutral.” The predicted price for U in the upcoming period, according to Piper Sandler is $30 based on the research report published on February 27, 2024 of the current year 2024.
Piper Sandler gave a rating of “Underweight” to U, setting the target price at $35 in the report published on January 02nd of the current year.
U Trading at -5.74% from the 50-Day Moving Average
After a stumble in the market that brought U to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.31% of loss for the given period.
Volatility was left at 6.07%, however, over the last 30 days, the volatility rate increased by 7.00%, as shares sank -9.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.12% lower at present.
During the last 5 trading sessions, U rose by +1.44%, which changed the moving average for the period of 200-days by -41.05% in comparison to the 20-day moving average, which settled at $15.96. In addition, Unity Software Inc saw -62.00% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at U starting from Gupta Anirma, who proposed sale 1,506 shares at the price of $16.73 back on Jul 29 ’24. After this action, Gupta Anirma now owns shares of Unity Software Inc, valued at $25,195 using the latest closing price.
Gupta Anirma, the SVP, Chief Legal Officer of Unity Software Inc, sale 1,506 shares at $16.73 during a trade that took place back on Jul 29 ’24, which means that Gupta Anirma is holding 409,540 shares at $25,195 based on the most recent closing price.
Stock Fundamentals for U
Current profitability levels for the company are sitting at:
- -0.3 for the present operating margin
- 0.68 for the gross margin
The net margin for Unity Software Inc stands at -0.38. The total capital return value is set at -0.1. Equity return is now at value -23.93, with -11.04 for asset returns.
Based on Unity Software Inc (U), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 0.71. The interest coverage ratio of the stock is -48.84.
Currently, EBITDA for the company is -200.87 million with net debt to EBITDA at -22.49. When we switch over and look at the enterprise to sales, we see a ratio of 3.48. The receivables turnover for the company is 3.6for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.35.
Conclusion
To wrap up, the performance of Unity Software Inc (U) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
