The stock of Unity Software Inc (NYSE:U) last traded at $27.28, down -3.74% from the previous session.
U stock price is now 19.04% away from the 50-day moving average and 35.69% away from the 200-day moving average. The market capitalization of the company currently stands at $10.99B.
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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, Helgason David, Director sold 150,000 shares of the company’s stock on Feb 21 ’25. The stock was sold for $4,512,450 at an average price of $30.08. Upon completion of the transaction, the Director now directly owns 7,867,418 shares in the company, valued at $214.62 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 21 ’25, Director Sisco Daly Robynne sold 14,700 shares of the business’s stock. A total of $441,000 was realized by selling the stock at an average price of $30.00. This leaves the insider owning 10,493 shares of the company worth $0.29 million. A total of 24.79% 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 $33.43. 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. For the current quarter, analysts expect U to generate $414.36M in revenue.
