I was just having a poke around and came across the analysis below. regards Q Last updated 8/23/2010 6:03 AM PT (20 min delay) * Invalid Symbol IBD Stock News for Unilife Corp (UNIS): Industry Group Focus
Find out how IBD Rates: UNIS Unilife Corp's stock is tracked in IBD's Medical-Supplies industry group, part of the broader MEDICAL sector. The Medical-Supplies group currently ranks 173 out of 197 groups. IBD research shows that 37% of a stock's price movement is directly tied to the performance of its industry group. Another 12% is due to strength in its overall sector so it makes sense to target leading stocks in leading industry groups.
IBD ranks 197 industry groups based on six-month price performance. Make sure leadership is broad in a group and only target the institutional-quality stocks in the group, those with top fundamentals showing strong relative price performance. IBD's stock tables are arranged by sector strength so you can immediately spot sector leadership in the market. Because specific sectors and industry groups lead new bull markets, it's important to know which sectors and groups are outperforming at the time.
Fundamental Unilife Corp has an Earnings Per Share Rating of 16 from IBD, meaning that recent earnings growth has outperformed 16% of all stocks in IBD's database. In its latest quarter, profit fell -1000%. In the last three quarters, profit growth has averaged %. In its latest quarter, sales fell -42% to $2.40 million. Focus on stocks showing strong quarterly earnings growth in recent quarters, at least 25% or more. IBD studies of past market winners showed big earnings and sales growth in recent quarters before big price moves. Unilife Corp's annual profit margin is 8.9%. That means the company is generating 8.9 cents in profit for each $1 in sales.
Technical Unilife Corp is 80.61% off its 52-week high. In the past four weeks, Unilife Corp is down 14.24%. Year-to-date, it's down 47.76%. IBD research has consistently shown that stocks showing strong relative price performance in the market have the best chance of being market leaders. Rather than try to catch stocks on sale, target the leading price performers in the market. Unilife Corp has an Up/Down volume ratio of 3.3 which indicates that volume on up days is exceeding volume on down days. A ratio above 1.0 implies positive demand for shares.
Unilife Corp's volume % change is -100%. That means volume is on pace to be 100% below average. A stock's volume percent change can tell you if institutional investors are fueling a stock's gain or decline. Big volume always gives them away. Big investors like mutual funds, banks and insurance companies account for about 75% of the trading volume each day on the exchanges so it's important to pay attention to what they're buying and selling.
Unilife Corp's stock price is $5.12 and it has a 50-day average volume of 257,900 shares. It's generally best to focus on higher-priced, liquid names rather than low-priced, illiquid ones. Mutual funds and other big investors rarely look at stocks priced under $10 that are thinly traded. Institutional investors generally prefer liquid names so they can buy and sell easily.
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General Market The best time to buy stocks is when the major stock indexes are in an uptrend. Target your buys to firms showing strong earnings and sales growth in recent quarters thanks to an innovative new product or service. Stocks like this will generally be trading closer to new high ground. In the early stages of a new rally, stocks staging technical breakouts in heavy volume from sound bases have a good chance of becoming market leaders.
Sometimes, a market rally will come under pressure when there are increasing signs of institutional selling in the market. Institutional selling is seen by a rising number of distribution days, or heavier-volume declines, by the major stock indexes. Selling like this can stop a market rally in its tracks. When the outlook turns to market rally under pressure, it's time to assess stocks in your portfolio and consider locking in partial or full profits. And if you have a small loss in a stock, consider selling to minimize losses.
Cash is a good place to be when the major stock indexes are in a correction. Market corrections occur due to heavy institutional selling in the market. Distribution days, or heavier-volume declines, in the indexes are generally a sign of institutional selling. When the market tide is flowing negative, it's a risky environment for new buys.
About UNIS DEVELOPS A RANGE OF RETRACTABLE SYRINGES FOR PHARMACEUTICAL MANUFACTURERS, SUPPLIERS AND PATIENTS WHO SELF-ADMINISTER.
UNS Price at posting:
95.0¢ Sentiment: LT Buy Disclosure: Held
