Unisys Stock Falls On Unusually High Volume (UIS)

NEW YORK ( TheStreet) -- Unisys Corporation (NYSE: UIS) is trading at unusually high volume Wednesday with 2.9 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down $2.48 (-11.8%) at $18.49 as of 1:10 p.m. ET.

Unisys has a market cap of $860.3 million and is part of the technology sector and computer software & services industry. Shares are up 6.4% year to date as of the close of trading on Tuesday.

Unisys Corporation operates as an information technology (IT) company worldwide. It operates in two segments, Services and Technology. The company has a P/E ratio of 7.2, below the average computer software & services industry P/E ratio of 7.4 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Unisys as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Unisys Ratings Report.

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