NEW YORK (

TheStreet

) --

Unisys Corporation

(NYSE:

UIS

) hit a new 52-week low Thursday as it is currently trading at $21.22, below its previous 52-week low of $21.32 with 34,096 shares traded as of 9:37 a.m. ET. Average volume has been 496,900 shares over the past 30 days.

Unisys has a market cap of $960.5 million and is part of the

technology

sector and

computer software & services

industry. Shares are down 17.2% year to date as of the close of trading on Wednesday.

Unisys Corporation operates as an information technology (IT) company worldwide. The company operates in two segments, Services and Technology. The company has a P/E ratio of 6.3, above the average computer software & services industry P/E ratio of 4.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Unisys as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, unimpressive growth in net income and poor profit margins. You can view the full

Unisys Ratings Report

.

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