Unity Software Inc (NYSE:U) shares, rose in value on Wednesday, March 26, with the stock price down by -3.58% to the previous day’s close as strong demand from buyers drove the stock to $22.07.
Actively observing the price movement in the last trading, the stock closed the session at $22.89, falling within a range of $21.7 and $22.6959. The value of beta (5-year monthly) was 2.269. Referring to stock’s 52-week performance, its high was $30.88, and the low was $13.90. On the whole, U has fluctuated by -13.96% over the past month.
With the market capitalization of Unity Software Inc currently standing at about $9.04 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.78B, with a low estimate of 409.1M and a high estimate of 422.17M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 415.08M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that U’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of U currently trading nearly -2.49% and -2.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.04, while the 7-day volatility ratio is showing 4.14% which for the 30-day chart, stands at 6.17%. Furthermore, Unity Software Inc (U)’s beta value is 2.27, and its average true range (ATR) is 1.45.
A comparison of Unity Software Inc (U) with its peers suggests the former has fared considerably weaker in the market. U showed an intraday change of -3.58% in last session, and over the past year, it shrunk by -18.23%%.
Data on historical trading for Unity Software Inc (NYSE:U) indicates that the trading volumes over the past 10 days have averaged 7.15 and over the past 3 months, they’ve averaged 11.57 million. According to company’s latest data on outstanding shares, there are 409.39 million shares outstanding.
Nearly 24.45% of Unity Software Inc’s shares belong to company insiders and institutional investors own 56.02% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 31.79 million shares as on 2025-03-14, resulting in a short ratio of 1.78. According to the data, the short interest in Unity Software Inc (U) stood at 807.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 28.57 million. The stock has fallen by -1.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the U stock heading into the next quarter.
