Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Down 33.9% in October

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 37,000 shares, a decrease of 33.9% from the October 15th total of 56,000 shares. Based on an average daily trading volume, of 369,800 shares, the short-interest ratio is presently 0.1 days.

Ubisoft Entertainment Trading Up 1.1 %

Shares of OTCMKTS:UBSFY opened at $2.83 on Thursday. Ubisoft Entertainment has a 52-week low of $2.03 and a 52-week high of $6.57. The business’s 50 day simple moving average is $2.77 and its two-hundred day simple moving average is $3.79. The company has a current ratio of 1.51, a quick ratio of 1.50 and a debt-to-equity ratio of 1.15.

Analysts Set New Price Targets

UBSFY has been the topic of a number of recent analyst reports. HSBC lowered Ubisoft Entertainment from a “buy” rating to a “hold” rating in a report on Friday, September 27th. Sanford C. Bernstein upgraded shares of Ubisoft Entertainment from an “underperform” rating to a “market perform” rating in a report on Monday, October 7th. Citigroup upgraded shares of Ubisoft Entertainment to a “strong-buy” rating in a research note on Thursday, September 26th. BMO Capital Markets upgraded shares of Ubisoft Entertainment from a “market perform” rating to an “outperform” rating in a research note on Wednesday, September 18th. Finally, Barclays raised shares of Ubisoft Entertainment to a “hold” rating in a report on Friday, September 27th. Nine analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus 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.