Unilife Corp. Hits New 52-Week High at $5.24 (UNIS)
Shares of Unilife Corp. (NASDAQ:UNIS) hit a new 52-week high during trading hours on Friday, Stock Ratings Network.com reports. The company traded as high as $5.24 and last traded at $4.91, with a volume of 2,249,722 shares trading hands. The stock had previously closed at $4.85.
A number of research firms have recently commented on UNIS. Analysts at Jefferies Group raised their price target on shares of Unilife Corp. from $3.50 to $6.00 in a research note to investors on Wednesday, December 4th. They now have a “buy” rating on the stock. Separately, analysts at Cantor Fitzgerald raised their price target on shares of Unilife Corp. from $6.00 to $8.00 in a research note to investors on Tuesday, December 3rd. Finally, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Unilife Corp. in a research note to investors on Friday, November 22nd. They now have a $6.00 price target on the stock.
Unilife Corp. has a 52 week low of $1.80 and a 52 week high of $5.10. The stock’s 50-day moving average is $4.40 and its 200-day moving average is $3.48. The company’s market cap is $481.1 million.
Unilife Corp. (NASDAQ:UNIS) last announced its earnings results on Monday, November 11th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.60 by $1.72. The company had revenue of $3.20 million for the quarter, compared to the consensus estimate of $5.80 million. During the same quarter in the previous year, the company posted ($0.21) earnings per share. On average, analysts predict that Unilife Corp. will post $-0.38 earnings per share for the current fiscal year.
Unilife Corporation (NASDAQ:UNIS) is a developer and commercial supplier injectable drug delivery systems.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.