Unisys Corporation New Common S (NYSE:UIS):
Philippine Government Selects Unisys to Design and Operate Modernized Civil Registry System to Better Serve Citizens.
The company is trading up by 0.72 percent from yesterday’s close.
It is currently trading at $10.50 a bit higher than $9.71, the 50 day moving average and a tad above the 200 day moving average of $8.74. The 50 day moving average was up by +8.16% and the 200 day average moved up $1.76.
In the last earnings report the EPS was $-0.91 and is projected to be $-0.79 for the current year with 50,082,000 shares now outstanding. Analysts expect next quarter’s EPS to be $-0.33 and the next full year EPS is anticipated to be $-0.51.
A few analysts have issued ratings on the company of late. On June 22, 2016 SunTrust Robinson Humphrey started covering the stock giving it an initial rating of “Buy”. Sidoti & Co. began coverage of the stock with a rating of “Buy”.
On March 11 the company was downgraded from “Outperform” to “Market Perform” and a price target of $37.00 was set in an announcement from Raymond James.