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Ubisoft Entertainment (OTC market: UBSFY – get rating) Short interest fell sharply in December. As of December 15, short interests totaled 6,600 shares, down 90.8% from 71,700 shares on November 30. Based on an average daily volume of 153,700 shares, the short interest rate is currently 0.0 days.
Ubisoft shares fell 0.7 percent
OTC market: UBSFY It was down $0.04 to hit $5.50 in midday trading Wednesday. The company’s shares traded at 69,772 shares compared with an average of 159,700 shares. The company’s 50-day moving average is $5.47 and its 200-day moving average is $7.03. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.30, and a quick ratio of 1.27. Ubisoft Entertainment had a 12-month low of $4.75 and a 12-month high of $12.29.
Wall Street analysts weigh in
A number of equity analysts have commented on UBSFY stock recently. Deutsche Bank Aktiengesellschaft cut their price target on Ubisoft Entertainment from 50.00 euros ($53.19) to 40.00 euros ($42.55) in a report on Friday, October 14th and set a “buy” rating on the stock. Goldman Sachs Group upgraded shares of Ubisoft Entertainment from a “sell” rating to a “neutral” rating and cut their price target for the company from 41.00 euros ($43.62) to 37.00 euros in a research note on Friday, October 28th. EUR ($39.36). Societe Generale cut their price target on Ubisoft Entertainment from EUR 55.00 ($58.51) to EUR 50.00 ($53.19) and set an “underweight” rating on the stock in a report on Monday, October 31st. Buy” rating. Credit Suisse Group cut their price target on Ubisoft Entertainment from 48.50 euros ($51.60) to 40.00 euros ($42.55) and set an “outperform” rating for the company in a research note on Monday, October 31st. rating. Finally, JPMorgan Chase & Co cut their price target on Ubisoft Entertainment from EUR 53.00 ($56.38) to EUR 46.00 ($48.94) in a research report on Tuesday, December 13th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $46.13.
About Ubisoft Entertainment
Ubisoft Entertainment SA produces, publishes and distributes video games, both physically and digitally, for consoles, PCs, smartphones and tablets in Europe, North America and internationally. The company designs and develops software, including environments, animations, gameplay, layouts and game rules, and develops design tools and game engines.
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