The price of Unity Software Inc (NYSE:U) shares last traded on Wall Street rose 4.45% to $24.19.
U stock price is now 5.13% away from the 50-day moving average and 19.78% away from the 200-day moving average. The market capitalization of the company currently stands at $9.91B.
With the price target maintained at $34, HSBC Securities recently Upgraded its rating from Hold to Buy for Unity Software Inc (NYSE: U). , while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Bar-Zeev Tomer, Director sold 13,663 shares of the company’s stock on Mar 05 ’25. The stock was sold for $341,848 at an average price of $25.02. Upon completion of the transaction, the Director now directly owns 3,148,146 shares in the company, valued at $76.15 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Director Bar-Zeev Tomer sold 236,337 shares of the business’s stock. A total of $5,652,208 was realized by selling the stock at an average price of $23.92. This leaves the insider owning 3,161,809 shares of the company worth $76.48 million. A total of 24.68% 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 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.
