Unisys (NYSE:UIS) Share Price Passes Above 200 Day Moving Average of $5.04

Unisys Co. (NYSE:UIS) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.04 and traded as high as $5.45. Unisys shares last traded at $5.43, with a volume of 819,749 shares.

Unisys Stock Performance

The stock has a market cap of $378.86 million, a PE ratio of -0.87 and a beta of 0.97. The stock has a fifty day simple moving average of $5.93 and a two-hundred day simple moving average of $5.06. The company has a debt-to-equity ratio of 78.55, a quick ratio of 1.47 and a current ratio of 1.49.

Unisys (NYSE:UIS) last announced its earnings results on Wednesday, February 21st. The information technology services provider reported $0.51 earnings per share (EPS) for the quarter, beating 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 company had revenue of $557.60 million for the quarter, compared to analyst estimates of $535.28 million. During the same period in the prior year, the company posted $1.22 EPS. Unisys’s quarterly revenue was up .1% on a year-over-year basis. Equities analysts anticipate that Unisys Co. will post -0.15 EPS for the current fiscal year.

Hedge Funds Weigh In On Unisys

Institutional investors have recently made changes to their positions in the business. Captrust Financial Advisors raised its position in shares of Unisys by 76.7% in the 1st quarter. Captrust Financial Advisors now owns 3,761 shares of the information technology services provider’s stock valued at $81,000 after purchasing an additional 1,633 shares in the last quarter. UBS Group AG raised its position in shares of Unisys by 152.3% in the 1st quarter. UBS Group AG now owns 4,690 shares of the information technology services provider’s stock valued at $102,000 after purchasing an additional 2,831 shares in the last quarter. Macquarie Group Ltd. raised its position in shares of Unisys by 83.1% in the 2nd quarter. Macquarie Group Ltd. now owns 4,965 shares of the information technology services provider’s stock valued at $60,000 after purchasing an additional 2,253 shares in the last quarter. Advisor Group Holdings Inc. raised its position in shares of Unisys by 1,695.1% in the 4th quarter. Advisor Group Holdings Inc. now owns 5,457 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 5,153 shares in the last quarter. Finally, Nisa Investment Advisors LLC acquired a new position in shares of Unisys in the 4th quarter valued at approximately $34,000. 86.87% of the stock is owned by institutional investors and hedge funds.

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.