Unisync (TSE:UNI) Stock Price Down 0.4% – Time to Sell?

Unisync Corp. (TSE:UNI) shares dropped 0.4% on Wednesday . The company traded as low as C$2.66 and last traded at C$2.66. Approximately 200 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 12,298 shares. The stock had previously closed at C$2.67.

Unisync Stock Performance

The firm has a market capitalization of C$49.81 million, a price-to-earnings ratio of 12.48 and a beta of -0.29. The company has a current ratio of 1.45, a quick ratio of 0.23 and a debt-to-equity ratio of 218.67. The stock’s 50-day moving average is C$2.46 and its 200-day moving average is C$2.25.

Unisync (TSE:UNI) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C$0.07 earnings per share (EPS) for the quarter. Unisync had a net margin of 4.38% and a return on equity of 23.49%. The company had revenue of C$23.65 million during the quarter. On average, 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.