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Universal Entertainment (OTCMKTS:UETMF) Hits New 12-Month High - Time to Buy?

Universal Entertainment logo with Consumer Discretionary background

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.
  • MarketBeat previews top five stocks to own in October.

Universal Entertainment Corp. (OTCMKTS:UETMF - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as $7.25 and last traded at $7.25, with a volume of 100 shares trading hands. The stock had previously closed at $7.21.

Universal Entertainment Stock Down 12.2%

The business has a 50 day simple moving average of $7.16 and a 200 day simple moving average of $6.98. The company has a market capitalization of $493.30 million, a PE ratio of -4.97 and a beta of 0.55.

About Universal Entertainment

(Get Free Report)

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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