UbiSoft Entertainment (OTCMKTS:UBSFY) Shares Gap Down – Here’s Why

Shares of UbiSoft Entertainment Inc. (OTCMKTS:UBSFYGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $1.20, but opened at $1.14. UbiSoft Entertainment shares last traded at $1.1350, with a volume of 6,692 shares traded.

Wall Street Analysts Forecast Growth

Separately, Wedbush lowered 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 MarketBeat, the company presently has an average rating of “Hold”.

Get Our Latest Report on UbiSoft Entertainment

UbiSoft Entertainment Stock Performance

The company has a debt-to-equity ratio of 1.24, a quick ratio of 2.55 and a current ratio of 2.55. The company’s 50 day moving average is $1.20 and its 200-day moving average is $1.08.

About UbiSoft Entertainment

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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.

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