UbiSoft Entertainment (OTCMKTS:UBSFY) Shares Gap Down – Should You Sell?
by Jessica Moore · The Cerbat GemUbiSoft Entertainment Inc. (OTCMKTS:UBSFY – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $1.20, but opened at $1.14. UbiSoft Entertainment shares last traded at $1.1350, with a volume of 6,692 shares.
Analysts Set New Price Targets
Separately, Wedbush lowered shares of UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.
Check Out Our Latest Analysis on UbiSoft Entertainment
UbiSoft Entertainment Stock Performance
The company has a debt-to-equity ratio of 1.24, a quick ratio of 2.55 and a current ratio of 2.55. The stock’s 50 day simple moving average is $1.20 and its two-hundred day simple moving average is $1.08.
UbiSoft Entertainment Company Profile
UbiSoft Entertainment is a global video game developer and publisher known for creating and distributing interactive entertainment across multiple platforms, including consoles, PCs and mobile devices. The company’s portfolio spans a wide array of genres, with flagship franchises such as Assassin’s Creed, Far Cry, Tom Clancy’s Rainbow Six and Watch Dogs. In addition to traditional game releases, UbiSoft provides digital services through its Ubisoft Connect platform, offering players social features, cloud saves and cross-platform progression.
Founded in 1986 in Carentoir, France, UbiSoft has grown into one of the largest independent game publishers worldwide.