Stocks of Unity Software Inc (NYSE:U) traded higher last session on Wall Street, up 7.49% to $22.81.
U stock price is now 10.04% away from the 50-day moving average and 8.34% away from the 200-day moving average. The market capitalization of the company currently stands at $9.48B.
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, Barrysmith Mark, Chief Accounting Officer sold 1,414 shares of the company’s stock on May 16 ’25. The stock was sold for $30,288 at an average price of $21.42. Upon completion of the transaction, the Chief Accounting Officer now directly owns 480,408 shares in the company, valued at $10.96 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’25, Officer Barrysmith Mark bought 1,414 shares of the business’s stock. A total of $30,288 was incurred on buying the stock at an average price of $21.42. 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 0.73, a current ratio of 2.73, and a quick ratio of 2.73.
The net profit margin was -25.21% and return on equity was -14.15% for U. The company reported revenue of $435.0 million for the quarter, compared to $460.38 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.51 percent.
