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

Ubisoft Entertainment SA (OTCMKTS:UBSFY) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 108,800 shares, a drop of 54.8% from the December 31st total of 240,900 shares. Based on an average trading volume of 597,400 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on UBSFY shares. Stifel Nicolaus lowered shares of Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. UBS Group raised Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a report on Tuesday, October 8th. Finally, Sanford C. Bernstein raised Ubisoft Entertainment from an “underperform” rating to a “market perform” rating in a research report on Monday, October 7th. Ten analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Ubisoft Entertainment has a consensus rating of “Hold”.

Ubisoft Entertainment Stock Performance

Shares of Ubisoft Entertainment stock traded down $0.02 on Friday, reaching $2.27. 40,804 shares of the company were exchanged, compared to its average volume of 225,325. Ubisoft Entertainment has a 1-year low of $2.03 and a 1-year high of $5.25. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.15. The company’s 50-day moving average is $2.52 and its two-hundred day moving average is $2.98.

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.