Unisys (NYSE:UIS – Get Free Report) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.
Unisys Stock Performance
Shares of NYSE UIS traded up $0.25 during mid-day trading on Friday, reaching $5.65. 897,514 shares of the company traded hands, compared to its average volume of 571,496. The stock has a market cap of $391.14 million, a PE ratio of -0.95, a price-to-earnings-growth ratio of 1.79 and a beta of 0.78. The company’s fifty day moving average is $5.74 and its two-hundred day moving average is $5.05. Unisys has a fifty-two week low of $2.60 and a fifty-two week high of $8.12.
Unisys (NYSE:UIS – Get Free Report) last announced its earnings results on Monday, August 5th. The information technology services provider reported $0.16 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.17. Unisys had a negative return on equity of 24.50% and a negative net margin of 18.95%. The firm had revenue of $478.20 million during the quarter, compared to the consensus estimate of $485.93 million. During the same quarter in the prior year, the company earned ($0.09) EPS. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. Research analysts forecast that Unisys will post 0.24 earnings per share for the current year.
Institutional Trading of Unisys
Unisys Company Profile
Unisys Corporation, together with its subsidiaries, operates as an information technology solutions company in the United States and internationally. It operates in three segments: Digital Workplace Solutions (DWS); Cloud, Applications & Infrastructure Solutions (CA&I); and Enterprise Computing Solutions.
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