UbiSoft Entertainment (OTCMKTS:UBSFY) Shares Gap Down – What’s Next?

Shares of UbiSoft Entertainment Inc. (OTCMKTS:UBSFY – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $1.07, but opened at $0.97. UbiSoft Entertainment shares last traded at $0.9655, with a volume of 184,575 shares traded.

Wall Street Analysts Forecast Growth

Separately, Wedbush downgraded UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, UbiSoft Entertainment presently has a consensus rating of “Hold”.

Read Our Latest Analysis on UbiSoft Entertainment

UbiSoft Entertainment Stock Performance

The stock has a 50 day simple moving average of $1.14 and a 200-day simple moving average of $1.14. The company has a quick ratio of 2.55, a current ratio of 2.55 and a debt-to-equity ratio of 1.24.

About UbiSoft Entertainment

(Get Free Report)

Ubisoft Entertainment SA is a French video game developer, publisher and distributor. The company creates and operates interactive entertainment for consoles, personal computers and mobile devices, with activities spanning game development, publishing, digital distribution and online services.

Ubisoft’s portfolio includes internationally recognized franchises such as Assassin’s Creed, Far Cry, Tom Clancy’s Rainbow Six, The Division, Just Dance, Prince of Persia, Watch Dogs, Anno and Rayman.

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