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Ubisoft Entertainment (OTCMKTS:UBSFY) Shares Cross Below Fifty Day Moving Average - Here's What Happened

Ubisoft Entertainment logo with Consumer Discretionary background

Ubisoft Entertainment SA (OTCMKTS:UBSFY - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $2.44 and traded as low as $2.00. Ubisoft Entertainment shares last traded at $2.08, with a volume of 181,797 shares.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets raised Ubisoft Entertainment to a "strong sell" rating in a report on Monday, March 31st. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold".

Check Out Our Latest Report on Ubisoft Entertainment

Ubisoft Entertainment Stock Up 5.1 %

The business has a fifty day simple moving average of $2.43 and a 200-day simple moving average of $2.55. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.51 and a quick ratio of 1.50.

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.

Further Reading

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