Unisys Corporation (UIS) Soars 9.25% on August 29

Unisys Corporation (UIS) Soars 9.25% on August 29

Unisys Corporation (UIS) had a good day on the market for Wednesday August 29 as shares jumped 9.25% to close at $18.30. About 8.93 million shares traded hands on 30,705 trades for the day, compared with an average daily volume of 711,538 shares out of a total float of 51.01 million. After opening the trading day at $18.05, shares of Unisys Corporation stayed within a range of $18.65 to $17.95.

With today’s gains, Unisys Corporation now has a market cap of $933.54 million.

The stock has a P/E Ratio of 19. Shares of Unisys Corporation have been trading within a range of $16.35 and $7.20 over the last year, and it had a 50-day SMA of $14.48 and a 200-day SMA of $11.23.

Unisys Corp provides IT (Information Technology) outsourcing solutions and technology products to clients primarily in the government, financial services, and transportation sectors. The company operates in two segments namely Services and Technology.

Unisys Corporation is based out of Blue Bell, PA and has some 20,000 employees. Its CEO is Peter A. Altabef.

For a complete fundamental analysis of Unisys Corporation, check out Equities.com’s Stock Valuation Analysis report for UIS.

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Unisys Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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