Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Update

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 108,800 shares, a drop of 54.8% from the December 31st total of 240,900 shares. Based on an average daily volume of 597,400 shares, the days-to-cover ratio is presently 0.2 days.

Ubisoft Entertainment Stock Down 0.9 %

OTCMKTS:UBSFY traded down $0.02 during mid-day trading on Friday, hitting $2.27. The company had a trading volume of 40,804 shares, compared to its average volume of 225,325. Ubisoft Entertainment has a 1 year low of $2.03 and a 1 year high of $5.25. The business has a fifty day simple moving average of $2.52 and a 200-day simple moving average of $2.98. The company has a current ratio of 1.51, a quick ratio of 1.50 and a debt-to-equity ratio of 1.15.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Sanford C. Bernstein upgraded Ubisoft Entertainment from an “underperform” rating to a “market perform” rating in a research report on Monday, October 7th. Stifel Nicolaus downgraded shares of Ubisoft Entertainment from a “buy” rating to a “hold” rating in a report on Wednesday, December 18th. Finally, UBS Group raised shares of Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 8th. Ten investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Ubisoft Entertainment currently has an average rating of “Hold”.

About Ubisoft Entertainment

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.