Short Interest in Ubisoft Entertainment SA (OTCMKTS:UBSFY) Decreases By 27.2%

Ubisoft Entertainment SA (OTCMKTS:UBSFY) was the recipient of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 30,800 shares, a decrease of 27.2% from the November 15th total of 42,300 shares. Based on an average daily trading volume, of 326,300 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Citigroup upgraded Ubisoft Entertainment to a “strong-buy” rating in a research report on Thursday, September 26th. UBS Group raised shares of Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 8th. Cantor Fitzgerald restated a “neutral” rating on shares of Ubisoft Entertainment in a research report on Monday, September 9th. Barclays upgraded Ubisoft Entertainment to a “hold” rating in a report on Friday, September 27th. Finally, BNP Paribas cut Ubisoft Entertainment from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 11th. Nine analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Ubisoft Entertainment Price Performance

Ubisoft Entertainment stock opened at $2.52 on Friday. Ubisoft Entertainment has a 1 year low of $2.03 and a 1 year high of $5.31. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51. The firm has a 50 day moving average price of $2.76 and a 200 day moving average price of $3.47.

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.