Ubisoft Entertainment SA (OTCMKTS:UBSFY) Short Interest Update

Ubisoft Entertainment SA (OTCMKTS:UBSFY – Get Ratings) has fallen significantly in short interest in December. As of December 15th, there was short interest totaling 6,600 shares, a drop of 90.8% from November 30th’s total of 71,700 shares. Based on an average daily volume of 153,700 shares, the short interest ratio is currently 0.0 days.

Ubisoft Entertainment fell 0.7 percent

OTCMKTS:UBSFY traded down $0.04 during mid-day trading on Wednesday, reaching $5.50. 69,772 shares of the company’s stock traded hands, compared to its average volume of 159,700. The company has a 50 day moving average of $5.47 and a two hundred day moving average of $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 has a 12-month low of $4.75 and a 12-month high of $12.29.

Wall Street Analyst Weighs In

A number of equities analysts recently commented on UBSFY shares. Deutsche Bank Aktiengesellschaft reduced their price objective on Ubisoft Entertainment from €50.00 ($53.19) to €40.00 ($42.55) and set a “buy” rating on the stock in a report on Friday, October 14th. Goldman Sachs Group raised shares of Ubisoft Entertainment from from a “sell” rating to a “neutral” rating and cut their price target for the company from €41.00 ($43.62) to €37.00 ($39.36) in a research note on Friday, October 28. . Societe Generale cut their target price on shares of Ubisoft Entertainment from €55.00 ($58.51) to €50.00 ($53.19) and set a “buy” rating on the stock in a research report on Monday, October 31st. Credit Suisse Group decreased their price objective on Ubisoft Entertainment from €48.50 ($51.60) to €40.00 ($42.55) and set an “outperform” rating for the company in a research note on Monday, October 31st. Finally, JPMorgan Chase & Co. decreased their price target on Ubisoft Entertainment from €53.00 ($56.38) to €46.00 ($48.94) in a research note on Tuesday, December 13th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating for company shares. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $46.13.

Also Read :  Holy Cross professor Leila Philip pens book on beavers' role in US

About Ubisoft Entertainment

(Get Rating)

Ubisoft Entertainment SA produces, publishes and distributes video games for consoles, PCs, smartphones and tablets in physical and digital formats in Europe, North America and internationally. The company creates and develops software, including events, animations, gameplay, settings, and game rules, as well as develops design tools and game engines.

Also Read :  Stephanie McMahon resigns from WWE; Nick Khan now sole CEO

Check it out too

This instant news alert is powered by predictive science and financial data technology from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Before you consider Ubisoft Entertainment, you’ll want to hear this.

Also Read :  Global Entertainment and Amusement Market 2023-2027

MarketBeat tracks Wall Street’s top-rated and best-performing research analysts and the stocks they recommend to their clients every day. MarketBeat has identified five stocks that top analysts are quietly whispering to their clients to buy now before the big market hits… and Ubisoft Entertainment wasn’t on the list.

Although Ubisoft Entertainment currently has a “Hold” rating among analysts, the top rated analysts believe these five stocks are a good buy.

See Five Stocks Here

Elon Musk’s Next Move

Wondering when you’ll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to find out when Elon Musk will allow these companies to IPO.

Get This Report For Free

Elon Musk's Next Moving Cover

Source

Leave a Reply

Your email address will not be published.

Related Articles

Back to top button