Universal Entertainment (OTCMKTS:UETMF) Reaches New 1-Year High - Should You Buy?

Key Points

• Shares of Universal Entertainment Corp. (OTCMKTS:UETMF) reached a new 52-week high of $7.25 during recent trading, closing at that same price after a volume of 100 shares.
• The company has a market capitalization of $561.81 million and a negative PE ratio of -5.66, indicating varying financial performance.
• Universal Entertainment specializes in manufacturing and selling pachislot and pachinko machines, and also operates OKADA MANILA, a casino resort in the Philippines.

Shares of Universal Entertainment Corp. (OTCMKTS:UETMF - ) reached a new 52-week high during trading on Thursday . The stock traded as high as $7.25 and last traded at $7.25, with a volume of 100 shares. The stock had previously closed at $7.21.

Universal Entertainment Price Performance

The stock has a market capitalization of $561.81 million, a PE ratio of -5.66 and a beta of 0.54. The firm's 50 day simple moving average is $7.17 and its 200 day simple moving average is $6.99.

About Universal Entertainment

Universal Entertainment Corporation, together with its subsidiaries, manufactures, develops, and sells pachislot and pachinko machines in Japan, Philippines, and internationally. The company operates in two segments, Amusement Equipment Business, and Integrated Resort Business. The company also develops and provides Falcon X, a peripheral system; Hot Stadium, a digital signage system; Universal Kingdom, a membership website for Android; and Slots Street, a social casino game; as well as operates OKADA MANILA, a casino resort in the Philippines.

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