Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Update

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 56,000 shares, a decrease of 57.2% from the September 30th total of 130,700 shares. Based on an average daily volume of 877,700 shares, the days-to-cover ratio is presently 0.1 days.

Ubisoft Entertainment Trading Up 1.6 %

UBSFY traded up $0.05 during trading on Friday, hitting $2.91. 199,492 shares of the stock traded hands, compared to its average volume of 94,713. The business has a 50 day moving average price of $2.97 and a 200 day moving average price of $3.93. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.15. Ubisoft Entertainment has a twelve month low of $2.03 and a twelve month high of $6.57.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on UBSFY shares. HSBC downgraded shares of Ubisoft Entertainment from a “buy” rating to a “hold” rating in a report on Friday, September 27th. Hsbc Global Res upgraded Ubisoft Entertainment to a “hold” rating in a research note on Friday, September 27th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Ubisoft Entertainment in a report on Monday, September 9th. Benchmark upgraded shares of Ubisoft Entertainment to a “hold” rating in a research report on Monday, September 30th. Finally, Deutsche Bank Aktiengesellschaft cut Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research note on Thursday, September 26th. Nine analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company 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.