Ubisoft Entertainment (OTCMKTS:UBSFY) Lowered to Neutral at BNP Paribas

BNP Paribas downgraded shares of Ubisoft Entertainment (OTCMKTS:UBSFY) from an outperform rating to a neutral rating in a research report released on Wednesday morning, MarketBeat.com reports.

A number of other brokerages have also recently weighed in on UBSFY. Cantor Fitzgerald restated a neutral rating on shares of Ubisoft Entertainment in a report on Monday, September 9th. Jefferies Financial Group upgraded shares of Ubisoft Entertainment from an underperform rating to a buy rating in a research note on Monday, July 8th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of Hold.

Ubisoft Entertainment Stock Performance

Shares of UBSFY opened at $2.55 on Wednesday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51. Ubisoft Entertainment has a fifty-two week low of $2.51 and a fifty-two week high of $6.57. The firm’s 50-day simple moving average is $3.84 and its two-hundred day simple moving average is $4.26.

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.