Unisync (TSE:UNI) Stock Jumps 1.1% – Here’s Why

Unisync Corp. (TSE:UNI) shares shot up 1.1% during trading on Wednesday. The stock traded as high as C$2.68 and last traded at C$2.68. 100 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 11,721 shares. The stock had previously closed at C$2.65.

Unisync Stock Performance

The business has a 50-day moving average of C$2.54 and a two-hundred day moving average of C$2.33. The company has a market cap of C$50.95 million, a P/E ratio of 12.76 and a beta of -0.29. The company has a debt-to-equity ratio of 218.67, a current ratio of 1.45 and a quick ratio of 0.23.

Unisync (TSE:UNI) last posted its earnings results on Wednesday, August 12th. The company reported C$0.07 earnings per share (EPS) for the quarter. The company had revenue of C$23.65 million for the quarter. Unisync had a return on equity of 23.49% and a net margin of 4.38%. On average, sell-side analysts predict that Unisync Corp. will post 0.11 EPS for the current fiscal year.

Unisync Company Profile

Unisync operates through two business units: Unisync Group Limited (‘UGL’) with operations throughout Canada and the USA and 92% owned Peerless Garments LP (‘Peerless’), a domestic manufacturing operation based in Winnipeg, Manitoba. UGL is a leading customer-focused provider of corporate apparel, serving many leading Canadian and American iconic brands. Peerless specializes in the production and distribution of highly technical protective garments, military operational clothing, and accessories for a broad spectrum of Federal, Provincial and Municipal government departments and agencies.