Unisys (NYSE:UIS) Stock Crosses Above 200-Day Moving Average of $5.27

Unisys Co. (NYSE:UIS) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.27 and traded as high as $5.67. Unisys shares last traded at $5.56, with a volume of 853,706 shares.

Unisys Stock Performance

The company has a market capitalization of $382.33 million, a price-to-earnings ratio of -0.88 and a beta of 0.97. The stock has a fifty day moving average price of $5.49 and a two-hundred day moving average price of $5.28. The company has a quick ratio of 1.47, a current ratio of 1.49 and a debt-to-equity ratio of 78.55.

Unisys (NYSE:UIS) last announced its quarterly earnings data on Wednesday, February 21st. The information technology services provider reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.31. The business had revenue of $557.60 million during the quarter, compared to the consensus estimate of $535.28 million. Unisys had a negative return on equity of 577.16% and a negative net margin of 21.37%. The business’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.22 earnings per share. As a group, analysts forecast that Unisys Co. will post -0.05 EPS for the current fiscal year.

Institutional Investors Weigh In On Unisys

Hedge funds and other institutional investors have recently made changes to their positions in the business. Nisa Investment Advisors LLC purchased a new stake in shares of Unisys in the fourth quarter valued at $34,000. Calton & Associates Inc. purchased a new stake in Unisys during the fourth quarter valued at about $56,000. MGO One Seven LLC purchased a new stake in Unisys during the third quarter valued at about $39,000. Boulder Hill Capital Management LP purchased a new stake in Unisys during the fourth quarter valued at about $66,000. Finally, Truist Financial Corp purchased a new stake in Unisys during the fourth quarter valued at about $86,000. Hedge funds and other institutional investors own 86.87% of the company’s stock.

About Unisys

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.