UbiSoft Entertainment (OTCMKTS:UBSFY) Share Price Passes Below Fifty Day Moving Average – Here’s Why

UbiSoft Entertainment Inc. (OTCMKTS:UBSFYGet Free Report)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1.18 and traded as low as $1.15. UbiSoft Entertainment shares last traded at $1.17, with a volume of 30,222 shares traded.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Report on UBSFY

UbiSoft Entertainment Trading Down 5.6%

The firm’s fifty day moving average price is $1.18 and its two-hundred day moving average price is $1.07. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 1.24.

About UbiSoft Entertainment

(Get Free Report)

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.

See Also

Receive News & Ratings for UbiSoft Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UbiSoft Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.