The stock has a 36-month beta value of 2.31. Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 6 as “overweight,” 15 as “hold,” and 2 as “sell.”
The public float for U is 287.06M, and at present, short sellers hold a 8.50% of that float. On November 22, 2024, the average trading volume of U was 12.51M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
U) stock’s latest price update
Unity Software Inc (NYSE: U)’s stock price has soared by 5.41 in relation to previous closing price of 22.46. Nevertheless, the company has seen a gain of 36.53% in its stock price over the last five trading days. fool.com reported 2024-11-22 that Why Unity Software Stock Was Soaring This Week
U’s Market Performance
Unity Software Inc (U) has seen a 36.53% rise in stock performance for the week, with a 16.00% gain in the past month and a 33.61% surge in the past quarter. The volatility ratio for the week is 8.70%, and the volatility levels for the past 30 days are at 6.03% for U. The simple moving average for the past 20 days is 15.64% for U’s stock, with a 11.26% simple moving average for the past 200 days.
Analysts’ Opinion of U
Many brokerage firms have already submitted their reports for U stocks, with Wells Fargo repeating the rating for U by listing it as a “Equal Weight.” The predicted price for U in the upcoming period, according to Wells Fargo is $20 based on the research report published on October 29, 2024 of the current year 2024.
Stifel, on the other hand, stated in their research note that they expect to see U reach a price target of $25, previously predicting the price at $20. The rating they have provided for U stocks is “Buy” according to the report published on September 13th, 2024.
Morgan Stanley gave a rating of “Overweight” to U, setting the target price at $22 in the report published on September 03rd of the current year.
U Trading at 12.81% 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 -45.62% of loss for the given period.
Volatility was left at 6.03%, however, over the last 30 days, the volatility rate increased by 8.70%, as shares surge +19.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.03% upper at present.
During the last 5 trading sessions, U rose by +35.52%, which changed the moving average for the period of 200-days by -29.66% in comparison to the 20-day moving average, which settled at $20.46. In addition, Unity Software Inc saw -42.10% 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 Dovrat Shlomo, who sale 112,856 shares at the price of $19.04 back on Nov 19 ’24. After this action, Dovrat Shlomo now owns 0 shares of Unity Software Inc, valued at $2,148,778 using the latest closing price.
Dovrat Shlomo, the Director of Unity Software Inc, sale 3,750 shares at $17.99 during a trade that took place back on Nov 18 ’24, which means that Dovrat Shlomo is holding 2,394,935 shares at $67,462 based on the most recent closing price.
Stock Fundamentals for U
Current profitability levels for the company are sitting at:
- -0.31 for the present operating margin
- 0.68 for the gross margin
The net margin for Unity Software Inc stands at -0.4. The total capital return value is set at -0.1. Equity return is now at value -24.72, with -11.22 for asset returns.
Based on Unity Software Inc (U), the company’s capital structure generated 0.41 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 0.7. The interest coverage ratio of the stock is -25.61.
Currently, EBITDA for the company is -209.35 million with net debt to EBITDA at -3.64. When we switch over and look at the enterprise to sales, we see a ratio of 5.28. The receivables turnover for the company is 3.41for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.41.
Conclusion
To sum up, Unity Software Inc (U) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
