Stocks of Unity Software Inc (NYSE:U) traded higher last session on Wall Street, down -6.98% to $16.92.
U stock price is now -23.98% away from the 50-day moving average and -17.24% away from the 200-day moving average. The market capitalization of the company currently stands at $6.93B.
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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 Apr 01 ’25. The stock was sold for $3,340,671 at an average price of $20.04. Upon completion of the transaction, the Director now directly owns 2,981,479 shares in the company, valued at $50.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, Director Tomer Bar-Zeev bought 750,000 shares of the business’s stock. A total of $15,142,500 was incurred on buying the stock at an average price of $20.19. A total of 24.45% 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 $22.2582 and a two-hundred day moving average price translates $20.44525 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.
