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UbiSoft Entertainment (OTCMKTS:UBSFY) Sets New 52-Week Low - Here's Why

UbiSoft Entertainment logo with Consumer Discretionary background

Key Points

  • UbiSoft Entertainment has reached a new 52-week low, trading at $1.81, with a notable drop in stock price indicating potential concerns among investors.
  • Despite the stock's decline, Wedbush has recently upgraded it to a "strong-buy" rating, contributing to a mixed analyst outlook with one strong buy, one hold, and one sell rating.
  • UbiSoft Entertainment's average ratings currently stand at "Hold," reflecting cautious sentiment from the investment community.
  • MarketBeat previews the top five stocks to own by November 1st.

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY - Get Free Report) hit a new 52-week low on Friday . The stock traded as low as $1.81 and last traded at $1.82, with a volume of 57774 shares traded. The stock had previously closed at $1.84.

Analyst Ratings Changes

Separately, Wedbush raised UbiSoft Entertainment to a "strong-buy" rating in a research note on Tuesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, UbiSoft Entertainment currently has an average rating of "Hold".

Get Our Latest Analysis on UBSFY

UbiSoft Entertainment Stock Down 1.4%

The company has a 50-day simple moving average of $2.09 and a 200-day simple moving average of $2.13. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.68 and a current ratio of 1.68.

About UbiSoft Entertainment

(Get Free Report)

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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