Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Update

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

Ubisoft Entertainment Stock Up 1.6 %

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

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Hsbc Global Res upgraded Ubisoft Entertainment to a “hold” rating in a report on Friday, September 27th. Barclays upgraded Ubisoft Entertainment to a “hold” rating in a report on Friday, September 27th. Cantor Fitzgerald reissued a “neutral” rating on shares of Ubisoft Entertainment in a research report on Monday, September 9th. Deutsche Bank Aktiengesellschaft lowered shares of Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research report on Thursday, September 26th. Finally, BNP Paribas lowered shares of Ubisoft Entertainment from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 11th. Nine analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company 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.