The stock of Unity Software Inc. (U) is currently priced at $33.45. In the last session, the stock climbed significantly, topping out at $35.30 after opening at $35.06. The day’s lowest price was $32.455 before the stock closed at $36.32.
Unity Software Inc.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $50.08 on 07/19/23 and a low of $21.22 for the same time frame on 11/09/22.
52-week price history of U Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Unity Software Inc.’s current trading price is -33.21% away from its 52-week high, while its distance from the 52-week low is 57.63%. The stock’s price range during the 52-week period has remained between $21.22 and $50.08. In the Technology sector, the company’s shares saw a trading volume of around 31.93 million for the day, which was evidently higher than the average daily volume of 11.71 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Unity Software Inc. (U) has experienced a quarterly decline of -21.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.61B and boasts a workforce of 7703 employees.
A Closer Look at Analysts’ Ratings for Unity Software Inc.
As of right now, 16 analysts are rating Unity Software Inc. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 3 analysts are rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 36.49, with a change in price of +6.47. Similarly, Unity Software Inc. recorded 12,389,739 in trading volume during the last 100 days, posting a change of +23.98%.
Examining U’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for U stands at 0.79. Similarly, the long-term debt-to-equity ratio is also 0.79.
U Stock Stochastic Average
As of today, Unity Software Inc.’s raw stochastic average for the last 50 days stands at 5.65%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 13.10%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 33.41% and 46.80%, respectively.
U Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The metric has seen a significant gain of 17.00% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 18.11%. Over the past 30 days, the price of U has leaped by -1.15%. And in the last five days, it has fallen by -12.02%.