Ubisoft Entertainment SA (OTCMKTS:UBSFY) Sees Large Increase in Short Interest

Ubisoft Entertainment SA (OTCMKTS:UBSFY - Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 240,900 shares, an increase of 662.3% from the December 15th total of 31,600 shares. Based on an average trading volume of 579,900 shares, the days-to-cover ratio is presently 0.4 days.

Ubisoft Entertainment Stock Down 2.3 %

OTCMKTS:UBSFY traded down $0.06 during mid-day trading on Monday, hitting $2.40. 52,616 shares of the company's stock traded hands, compared to its average volume of 256,574. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51. The firm's 50 day simple moving average is $2.64 and its 200 day simple moving average is $3.15. Ubisoft Entertainment has a 1 year low of $2.03 and a 1 year high of $5.25.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on UBSFY shares. Sanford C. Bernstein raised Ubisoft Entertainment from an "underperform" rating to a "market perform" rating in a research note on Monday, October 7th. Barclays upgraded Ubisoft Entertainment to a "hold" rating in a research report on Friday, September 27th. Deutsche Bank Aktiengesellschaft lowered shares of Ubisoft Entertainment from a "buy" rating to a "hold" rating in a research report on Thursday, September 26th. BMO Capital Markets upgraded shares of Ubisoft Entertainment from a "market perform" rating to an "outperform" rating in a report on Wednesday, September 18th. Finally, Stifel Nicolaus downgraded shares of Ubisoft Entertainment from a "buy" rating to a "hold" rating in a report on Wednesday, December 18th. Ten equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average 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.