Unisys Corporation (NYSE:UIS) marked $5.34 per share on Tuesday, down from a previous closing price of $5.44. While Unisys Corporation has underperformed by -1.84%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, UIS fell by -61.08%, with highs and lows ranging from $14.62 to $3.05, whereas the simple moving average jumped by 9.04% in the last 200 days.
On February 24, 2023, Maxim Group Downgraded Unisys Corporation (NYSE: UIS) to Hold.
Analysis of Unisys Corporation (UIS)
Further, the quarter-over-quarter increase in sales is 15.60%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Unisys Corporation’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 272.20% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.50, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 791.39K can be a very valuable indicator of volatility for UIS stock. On a monthly basis, the volatility of the stock is set at 6.50%, whereas on a weekly basis, it is put at 5.20%, with a loss of -5.99% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.50, showing growth from the present price of $5.34, which can serve as yet another indication of whether UIS is worth investing in or should be passed over.
How Do You Analyze Unisys Corporation Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.20%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 92.07% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in UIS shares?
The recent increase in stakes in UIS appears to be a result of several institutional investors and hedge funds increasing their positions. Neuberger Berman Investment Advis’s position in UIS has increased by 5.25% in the first quarter. The company now owns 5,261,518 shares of the stock, with a value of $20.94 million, following the purchase of 262,268 additional shares during the last quarter. The Vanguard Group, Inc. made another decreased to its shares in UIS during the first quarter, downing its stake by -37.48%. During the last quarter, the company dropped down -2,947,606 additional shares for a total stake of worth $19.57 million, bringing number of shares owned by the company to 4,916,521.
During the first quarter, BlackRock Fund Advisors subtracted a -6,315,314 position in UIS. Fidelity Management & Research Co sold an additional -4.59 million shares in the last quarter, decreasing its holdings by -53.07%, now holding 4.06 million shares worth $16.17 million. At the end of the first quarter, AllianceBernstein LP increased its UIS holdings by 71.67% and now holds 3.06 million UIS shares valued at $12.2 million with the added 1.28 million shares during the period. UIS shares are owned by institutional investors to the tune of 92.07% at present.