Ubisoft Entertainment SA (OTCMKTS:UBSFY – Get Free Report) was the target of a large decline in short interest in July. As of July 15th, there was short interest totalling 1,000 shares, a decline of 89.6% from the June 30th total of 9,600 shares. Based on an average daily trading volume, of 266,500 shares, the short-interest ratio is presently 0.0 days.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the company. Stifel Nicolaus upgraded Ubisoft Entertainment from a “hold” rating to a “buy” rating in a research report on Tuesday, May 7th. Cantor Fitzgerald upgraded Ubisoft Entertainment from a “neutral” rating to an “overweight” rating in a research note on Monday, May 20th. Finally, Jefferies Financial Group raised shares of Ubisoft Entertainment from an “underperform” rating to a “buy” rating in a research note on Monday, July 8th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Ubisoft Entertainment currently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on Ubisoft Entertainment
Ubisoft Entertainment Stock Down 2.5 %
About Ubisoft Entertainment
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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