Ubisoft Entertainment (OTCMKTS:UBSFY) Downgraded by BNP Paribas to "Neutral"

BNP Paribas cut shares of Ubisoft Entertainment (OTCMKTS:UBSFY - Free Report) from an outperform rating to a neutral rating in a report issued on Wednesday, MarketBeat Ratings reports.

A number of other brokerages have also recently weighed in on UBSFY. Jefferies Financial Group upgraded shares of Ubisoft Entertainment from an underperform rating to a buy rating in a research note on Monday, July 8th. Cantor Fitzgerald restated a neutral rating on shares of Ubisoft Entertainment in a research note on Monday. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Ubisoft Entertainment presently has a consensus rating of Hold.

Ubisoft Entertainment Trading Down 8.7 %

OTCMKTS UBSFY traded down $0.25 during trading on Wednesday, reaching $2.61. The company's stock had a trading volume of 272,435 shares, compared to its average volume of 46,380. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.51 and a quick ratio of 1.50. The business has a 50-day moving average price of $3.91 and a 200-day moving average price of $4.29. Ubisoft Entertainment has a 1-year low of $2.55 and a 1-year high of $6.57.

About Ubisoft Entertainment

Ubisoft Entertainment SA produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally. The company designs and develops software, including scenarios, animation, gameplay, layouts, and game rules, as well as develops design tools and game engines.