UbiSoft Entertainment (OTCMKTS:UBSFY) Shares Gap Up – Time to Buy?

Shares of UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) gapped up before the market opened on Wednesday. The stock had previously closed at $1.05, but opened at $1.08. UbiSoft Entertainment shares last traded at $1.08, with a volume of 1,429 shares.

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 analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

UbiSoft Entertainment Price Performance

The firm’s 50 day simple moving average is $1.15 and its 200-day simple moving average is $1.13. The company has a quick ratio of 2.55, a current ratio of 2.55 and a debt-to-equity ratio of 1.24.

UbiSoft Entertainment Company Profile

Ubisoft Entertainment SA is a France-based video game publisher and developer headquartered in Saint-Mandé. Founded in 1986 by the Guillemot family, the company creates, publishes and distributes interactive entertainment for consoles, personal computers and mobile devices. Ubisoft serves players worldwide through digital storefronts, physical retail channels and online services.

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