UbiSoft Entertainment (OTCMKTS:UBSFY) Sees Unusually-High Trading Volume - Here's Why

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY - Get Free Report) shares saw an uptick in trading volume on Tuesday . 704,277 shares were traded during mid-day trading, an increase of 92% from the previous session's volume of 367,560 shares.The stock last traded at $2.10 and had previously closed at $2.04.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on UBSFY shares. Kepler Capital Markets upgraded shares of UbiSoft Entertainment to a "strong sell" rating in a research report on Monday, March 31st. Wedbush raised shares of UbiSoft Entertainment to a "strong-buy" rating in a research note on Tuesday, July 1st. One analyst has rated the stock with a sell rating, ten have given a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold".

UbiSoft Entertainment Stock Up 4.2%

The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 1.02. The firm has a 50-day simple moving average of $2.21 and a 200 day simple moving average of $2.35.

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.

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