Unisys Corporation New Common S (NYSE:UIS):
Unisys Awarded Border Security Contract by U.S. Customs and Border Protection.
The company is so far trading up from yesterday’s close of $10.425.
Company chares are trading at $10.50 which is a tad above the 50 day moving average which is $9.71 and just above the 200 day moving average of $8.74. The 50 day moving average was up $0.79 or +8.16% and the 200 day average went up by +20.12%.
As of the last earnings report the EPS was $-0.91 and is expected to be $-0.79 for the current year with 50,082,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $-0.33 and the next full year EPS is projected to be $-0.51.
Several Wall Street investment firms have provided guidance on UIS recently. Equity analyst SunTrust Robinson Humphrey initiated coverage with an initial rating of “Buy”. Sidoti & Co. starting coverage on UIS setting a rating of “Buy”.
On March 11 the company was downgraded from “Outperform” to “Market Perform” with a current price target of $37.00 in a report from Raymond James.