The stock of Unity Software Inc (NYSE:U) last traded at $21.32, down -0.70% from the previous session.
U stock price is now -0.02% away from the 50-day moving average and 2.26% away from the 200-day moving average. The market capitalization of the company currently stands at $8.86B.
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, Bar-Zeev Tomer, Director sold 166,667 shares of the company’s stock on May 01 ’25. The stock was sold for $3,598,341 at an average price of $21.59. Upon completion of the transaction, the Director now directly owns 2,814,812 shares in the company, valued at $60.01 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 16 ’25, Chief Accounting Officer Barrysmith Mark sold 1,595 shares of the business’s stock. A total of $29,396 was realized by selling the stock at an average price of $18.43. This leaves the insider owning 481,822 shares of the company worth $10.27 million. A total of 24.42% 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.
