Ubisoft Entertainment SA (OTCMKTS:UBSFY) Sees Significant Decrease in Short Interest

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

Analysts Set New Price Targets

UBSFY has been the subject of several research analyst reports. Hsbc Global Res raised Ubisoft Entertainment to a “hold” rating in a research note on Friday, September 27th. Sanford C. Bernstein upgraded shares of Ubisoft Entertainment from an “underperform” rating to a “market perform” rating in a research report on Monday, October 7th. Deutsche Bank Aktiengesellschaft lowered shares of Ubisoft Entertainment from a “buy” rating to a “hold” rating in a report on Thursday, September 26th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Ubisoft Entertainment in a report on Monday, September 9th. Finally, Benchmark raised shares of Ubisoft Entertainment to a “hold” rating in a research note on Monday, September 30th. Nine equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Ubisoft Entertainment currently has an average rating of “Hold”.

Ubisoft Entertainment Trading Up 1.1 %

Shares of UBSFY opened at $2.83 on Thursday. 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 current ratio of 1.51 and a quick ratio of 1.50. The firm has a fifty day simple moving average of $2.77 and a two-hundred day simple moving average of $3.79.

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.