Stocks of Unity Software Inc (NYSE:U) traded higher last session on Wall Street, up 3.63% to $18.82.
U stock price is now -13.30% away from the 50-day moving average and -8.31% away from the 200-day moving average. The market capitalization of the company currently stands at $7.71B.
With the price target maintained at $30, Citigroup recently Upgraded its rating from Neutral to Buy for Unity Software Inc (NYSE: U). , while ‘HSBC Securities’ rates the stock as ‘Buy’
In other news, Gupta Anirma, Officer bought 551 shares of the company’s stock on Apr 15 ’25. The stock was bought for $10,012 at an average price of $18.17. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, Director Bar-Zeev Tomer sold 166,667 shares of the business’s stock. A total of $3,340,671 was realized by selling the stock at an average price of $20.04. This leaves the insider owning 2,981,479 shares of the company worth $56.11 million. A total of 24.41% of the company’s stock is owned by insiders.
During the past 12 months, Unity Software Inc has had a low of $13.90 and a high of $30.88. As of last week, the company has a debt-to-equity ratio of 0.74, a current ratio of 2.49, and a quick ratio of 2.49. The fifty day moving average price for U is $21.7066 and a two-hundred day moving average price translates $20.52515 for the stock.
The latest earnings results from Unity Software Inc (NYSE: U) was released for 2024-12-31. The net profit margin was -36.63% and return on equity was -20.84% for U. The company reported revenue of $457.1 million for the quarter, compared to $609.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -24.98 percent.
