Unisys Corporation (UIS) has been under a strong bear grip, hence the stock is down -4.37% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.9% in the past 1 week. The stock has risen by 3.07% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.88% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.83% and the 50-Day Moving Average is 0.16%.The 200 Day SMA reached 9.03%
Unisys Corporation (NYSE:UIS): After opening at $9.58, the stock dipped to an intraday low of $9.46 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $9.77 and the buying power remained strong till the end. The stock closed at $9.74 for the day, a gain of 1.88% for the day session. The total traded volume was 657,319. The stocks close on the previous trading day was $9.74.
Unisys Corporation is a global Information Technology (IT) company. The Company provides outsourcing and managed services, systems integration and consulting services, server technology, cybersecurity and cloud management software and maintenance and infrastructure support services. The Company operates through two segments: Services and Technology. The Companys services include outsourcing, systems integration and consulting, infrastructure services and maintenance. The Companys Technology segment designs and develops software, servers and related products. The Companys product offerings include enterprise-class servers, such as the ClearPath family of servers, the Forward! by Unisys line of fabric servers, and the ES family of servers; the Unisys Stealth family of cybersecurity software, and operating system software and middleware.