Ubisoft Entertainment (OTCMKTS:UBSFY) Downgraded to Hold Rating by Stifel Nicolaus

Stifel Nicolaus cut shares of Ubisoft Entertainment (OTCMKTS:UBSFY) from a buy rating to a hold rating in a report published on Wednesday, MarketBeat reports.

Several other brokerages have also recently weighed in on UBSFY. Cantor Fitzgerald reiterated a “neutral” rating on shares of Ubisoft Entertainment in a research note on Monday, September 9th. Benchmark upgraded shares of Ubisoft Entertainment to a “hold” rating in a research report on Monday, September 30th. BMO Capital Markets raised Ubisoft Entertainment from a “market perform” rating to an “outperform” rating in a research report on Wednesday, September 18th. Barclays upgraded Ubisoft Entertainment to a “hold” rating in a research note on Friday, September 27th. Finally, Deutsche Bank Aktiengesellschaft lowered Ubisoft Entertainment from a “buy” rating to a “hold” rating in a report on Thursday, September 26th. Ten research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Ubisoft Entertainment Stock Performance

UBSFY stock opened at $2.54 on Wednesday. The business’s fifty day moving average price is $2.73 and its two-hundred day moving average price is $3.40. Ubisoft Entertainment has a fifty-two week low of $2.03 and a fifty-two week high of $5.31. The company has a current ratio of 1.51, a quick ratio of 1.50 and a debt-to-equity ratio of 1.15.

About Ubisoft Entertainment

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.