Shares Trading down at $8.85 (UIS) Unisys to Host 2017 Investor and…

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Unisys Corporation New (NYSE:UIS):

Unisys to Host 2017 Investor and Financial Analyst Day.

The company is down since yesterday’s close of 8.9.

Unisys Corporation (Unisys), launched on February 22, 1984, is an information technology (IT) company. The Company operates through two segments: Services and Technology. The Company specializes in providing solutions integrated with security to clients in the government, commercial and financial services markets. Its offerings include security solutions, data analytics, cloud and infrastructure services, application services and application and server software. The Company markets and delivers solutions, horizontal services and technology products (software and hardware) to its primary target markets: government (consisting of the United States federal government and other public sector organizations), commercial (focusing on travel and transportation and life sciences/healthcare) and financial services (including commercial and retail banking). It offers solutions for criminal investigation management and border security in government, travel and transportation and life sciences and healthcare in commercial markets, and commercial and retail banking in financial services..

Company shares last traded at $8.85 which is marginally over the 50 day moving average of $8.46 and which is significantly lower than the 200 day moving average of $10.61. The 50 day moving average went up by +4.59% whereas the 200 day average was down by -16.60%.

As of the last earnings report the EPS was $-2.07 and is projected to be $-1.94 for the current year with 50,469,000 shares now outstanding. Analysts expect next quarter’s EPS will be $0.13 with next year’s EPS anticipated to be $-0.55.

Traders are a little more bullish on shares of the company lately as inferred by the downtick in short interest. The firm had a fall in short interest of -3.82% between September 15, 2017 and September 29, 2017. Short interest decreased 437,722 over that timeframe. With short interest at 11,019,844 and short average daily volume at 454,920, days to cover is 24.0 and the short interest percentage is 0.22% as of September 29.

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