In the beginning of January, Unisys Corporation (NYSE: UIS
) has announced that on the first day of February the company is going to announce its Q4 and 10-K financial results. We still have five days to wait and then we'll find out the hottest news. What should we expect?
Since the end of November 2010, UIS stock has been climbing up. Until then, the price has moved from around $22 per share up to $28, which is a ris of 28 percent. Hence, after the trade on Monday, UIS stock increased by almost 3% and the volume jumped up to 1.7 million shares. During the few last months, it was the biggest volume observed. However, yesterday the stock volume was only 370 thousand.
In addition, it looks like Unisys Corporation has been included under some good news. In the very beginning of 2011, NASA announced that Unisys was awarded a contract and became the provider of some research projects of Langley Research Center of NASA. For now, the company is silent.
Unisys Corporation seems to have caught a good wave and its stock is rising straight up. Will the annual financial results of the company bring the share price even higher? Just some patience and we will see.