UbiSoft Entertainment (OTCMKTS:UBSFY) Shares Gap Down – Here’s Why
by Mitch Edgeman · The Markets DailyShares of UbiSoft Entertainment Inc. (OTCMKTS:UBSFY – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $1.44, but opened at $1.3950. UbiSoft Entertainment shares last traded at $1.39, with a volume of 8,019 shares trading hands.
UbiSoft Entertainment Stock Performance
The company’s 50 day simple moving average is $1.49 and its 200-day simple moving average is $1.88. The company has a quick ratio of 1.17, a current ratio of 1.18 and a debt-to-equity ratio of 1.10.
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.