Unisys (NYSE:UIS) Upgraded at StockNews.com

StockNews.com upgraded shares of Unisys (NYSE:UIS) from a hold rating to a buy rating in a research report released on Thursday.

Unisys Trading Down 2.7 %

Shares of Unisys stock opened at $6.72 on Thursday. Unisys has a 12 month low of $3.32 and a 12 month high of $8.93. The stock’s fifty day moving average price is $6.69 and its 200-day moving average price is $6.35. The firm has a market cap of $466.10 million, a P/E ratio of -1.19, a P/E/G ratio of 0.78 and a beta of 0.78.

Hedge Funds Weigh In On Unisys

A number of large investors have recently bought and sold shares of the business. nVerses Capital LLC purchased a new stake in shares of Unisys during the 3rd quarter worth $36,000. AlphaQuest LLC purchased a new stake in Unisys during the fourth quarter valued at approximately $39,000. Cubist Systematic Strategies LLC purchased a new position in Unisys in the second quarter worth $41,000. Quarry LP lifted its holdings in shares of Unisys by 985.8% during the 4th quarter. Quarry LP now owns 8,556 shares of the information technology services provider’s stock valued at $54,000 after purchasing an additional 7,768 shares during the last quarter. Finally, Creative Planning acquired a new stake in shares of Unisys in the 3rd quarter worth $58,000. Institutional investors own 86.87% of the company’s stock.

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.