Unisys (UIS) Stock Plummets Amidst Financial Challenges

Author's Avatar
Jan 29, 2025
Article's Main Image

Unisys Corporation (UIS, Financial), a technology solutions provider, experienced a significant stock decline of 5.41%. The stock is currently priced at $6.43 per share with a trading volume of 125,689 shares, reflecting a turnover rate of 0.18% and a volatility of 5.59%.

The company's recent financial report shows revenue of $497 million, a net loss of $61.9 million, and an earnings per share of -$0.89. The gross profit stands at $146 million with a price-to-earnings ratio of -1.15. No institutional ratings are available for buy, hold, or sell recommendations.

In the broader information technology services sector, which saw an overall decline of 0.65%, several related stocks showed notable activity. Companies like Trident Digital Tech Holdings Ltd and Data Storage Corp exhibited significant volatility, with Trident Digital experiencing a 25.11% amplitude.

Unisys operates through three main business segments: Digital Workplace Solutions (DWS), Cloud, Applications & Infrastructure Solutions (CA&I), and Enterprise Computing Solutions (ECS). DWS focuses on secure digital workplace transformation, CA&I offers digital platforms and infrastructure solutions, and ECS provides high-intensity computing solutions in a software-defined environment.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.