Oh no
Unity Software notches seven consecutive sessions of loss
Unity Software shares notched their seventh straight session of loss on Thursday, closing 4.2% lower at $19.60. The video-game software has lost 32% in the last 12-months, compared to a 27% gain of the broader S&P 500 Index. Looking at Seeking Alpha's Quant Ratings, Unity has a Sell rating with a score of 2.01 out of 5. The company scored an A for growth, a B+ for profitability, but only managed a C- for revisions. Turning to the Wall Street community, 10 out of 26 analysts rate the stock as a Buy or higher, 13 rate it as a Hold, and three rate it as a Strong Sell. Seeking Alpha analysts at large consider the stock a Buy. According to SA analyst JR Research,"Unity's reset plan has unnerved investors, leading to pessimism and concerns over its ability to focus on its growth strategy." May has not been a favorable month for the company, with 10 sessions in the red and six sessions in the green.
Unity Software notches seven consecutive sessions of lossDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.