Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Down 27.2% in November

Ubisoft Entertainment SA (OTCMKTS:UBSFY - Get Free Report) was the target of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 30,800 shares, a decline of 27.2% from the November 15th total of 42,300 shares. Based on an average trading volume of 326,300 shares, the days-to-cover ratio is currently 0.1 days.

Ubisoft Entertainment Price Performance

OTCMKTS UBSFY traded down $0.09 during mid-day trading on Friday, hitting $2.52. The stock had a trading volume of 116,319 shares, compared to its average volume of 107,159. The company has a 50 day simple moving average of $2.77 and a 200 day simple moving average of $3.49. Ubisoft Entertainment has a 52-week low of $2.03 and a 52-week high of $5.31. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51.

Wall Street Analysts Forecast Growth

UBSFY has been the subject of a number of recent research reports. Barclays upgraded shares of Ubisoft Entertainment to a "hold" rating in a research note on Friday, September 27th. Citigroup raised Ubisoft Entertainment to a "strong-buy" rating in a report on Thursday, September 26th. Sanford C. Bernstein raised Ubisoft Entertainment from an "underperform" rating to a "market perform" rating in a research note on Monday, October 7th. BMO Capital Markets raised Ubisoft Entertainment from a "market perform" rating to an "outperform" rating in a research report on Wednesday, September 18th. Finally, BNP Paribas lowered Ubisoft Entertainment from an "outperform" rating to a "neutral" rating in a report on Wednesday, September 11th. Nine research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Ubisoft Entertainment presently has a consensus rating of "Hold".

Ubisoft Entertainment Company Profile

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.

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