Unisys (NYSE:UIS) Shares Cross Above 200 Day Moving Average of $5.27

Unisys Co. (NYSE:UIS)’s share price 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 changing hands.

Unisys Stock Performance

The firm has a fifty day moving average of $5.56 and a 200-day moving average of $5.27. The firm has a market cap of $383.35 million, a P/E ratio of -0.88 and a beta of 0.98. 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 issued its earnings results on Wednesday, February 21st. The information technology services provider reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.31. Unisys had a negative return on equity of 577.16% and a negative net margin of 21.37%. The firm had revenue of $557.60 million for the quarter, compared to analysts’ expectations of $535.28 million. During the same quarter last year, the business earned $1.22 earnings per share. The company’s revenue was up .1% compared to the same quarter last year. Research analysts predict that Unisys Co. will post -0.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Unisys

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC bought a new position in Unisys during the fourth quarter worth about $34,000. MGO One Seven LLC bought a new position in Unisys during the third quarter worth about $39,000. Calton & Associates Inc. bought a new position in Unisys during the fourth quarter worth about $56,000. Boulder Hill Capital Management LP acquired a new stake in shares of Unisys during the fourth quarter worth about $66,000. Finally, Oak Thistle LLC acquired a new stake in shares of Unisys during the third quarter worth about $71,000. 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.