Holdings of Unity Software Inc (U) are aligned with the stars

With 26.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.62 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $20.7099 whereas the lowest price it dropped to was $19.4. The 52-week range on U shows that it touched its highest point at $43.54 and its lowest point at $13.90 during that stretch. It currently has a 1-year price target of $19.61. Beta for the stock currently stands at 2.21.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of U was up-trending over the past week, with a rise of 25.54%, but this was up by 25.85% over a month. Three-month performance surged to 18.65% while six-month performance fell -23.42%. The stock lost -45.93% in the past year, while it has lost -51.31% so far this year. A look at the trailing 12-month EPS for U yields -2.05 with Next year EPS estimates of 0.76. For the next quarter, that number is 0.14. This implies an EPS growth rate of -20.36% for this year and -12.19% for next year.

Float and Shares Shorts:

At present, 384.87 million U shares are outstanding with a float of 282.92 million shares on hand for trading. On 2024-08-30, short shares totaled 27.24 million, which was 687.0 higher than short shares on 1722384000. In addition to Mr. James Moon Whitehurst as the firm’s Executive Chair of the Board & Senior Advisor, Mr. David Helgason serves as its Co-Founder & Independent Director.

Institutional Ownership:

Through their ownership of 0.73289 of U’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, U reported revenue of $449259000.0 and operating income of -$129420000.0. The EBITDA in the recently reported quarter was -$17554000.0 and diluted EPS was -$0.32.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for U since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.