Ubisoft Entertainment SA (OTCMKTS:UBSFY - Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 37,000 shares, a decline of 33.9% from the October 15th total of 56,000 shares. Based on an average daily volume of 369,800 shares, the short-interest ratio is presently 0.1 days.
Wall Street Analyst Weigh In
UBSFY has been the subject of several research analyst reports. Hsbc Global Res raised Ubisoft Entertainment to a "hold" rating in a research note on Friday, September 27th. Deutsche Bank Aktiengesellschaft cut shares of Ubisoft Entertainment from a "buy" rating to a "hold" rating in a research note on Thursday, September 26th. Sanford C. Bernstein upgraded shares of Ubisoft Entertainment from an "underperform" rating to a "market perform" rating in a report on Monday, October 7th. Barclays upgraded shares of Ubisoft Entertainment to a "hold" rating in a report on Friday, September 27th. Finally, BNP Paribas downgraded Ubisoft Entertainment from an "outperform" rating to a "neutral" rating in a report on Wednesday, September 11th. Nine equities 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 stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold".
Read Our Latest Stock Analysis on UBSFY
Ubisoft Entertainment Trading Down 0.7 %
Shares of UBSFY traded down $0.02 during mid-day trading on Thursday, hitting $2.81. 90,987 shares of the stock were exchanged, compared to its average volume of 100,780. Ubisoft Entertainment has a 52-week low of $2.03 and a 52-week high of $6.57. The firm has a 50-day moving average of $2.76 and a two-hundred day moving average of $3.79. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.15.
About Ubisoft Entertainment
(
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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.
Further Reading
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