UbiSoft Entertainment (OTCMKTS:UBSFY) Trading 10.9% Higher – Here’s What Happened

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) traded up 10.9% on Tuesday . The company traded as high as $1.17 and last traded at $1.17. Approximately 36,594 shares changed hands during trading, a decline of 84% from the average session volume of 225,745 shares. The stock had previously closed at $1.0552.

Wall Street Analyst Weigh In

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

UbiSoft Entertainment Stock Up 1.2%

The company has a debt-to-equity ratio of 1.24, a current ratio of 2.55 and a quick ratio of 2.55. The firm’s 50 day simple moving average is $1.17 and its two-hundred day simple moving average is $1.08.

UbiSoft Entertainment Company Profile

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.