Ubisoft Entertainment (OTCMKTS:UBSFY) Downgraded to “Hold” at HSBC

HSBC lowered shares of Ubisoft Entertainment (OTCMKTS:UBSFY) from a buy rating to a hold rating in a report released on Friday morning, Marketbeat reports.

A number of other equities research analysts have also issued reports on UBSFY. Jefferies Financial Group upgraded Ubisoft Entertainment from an underperform rating to a buy rating in a research note on Monday, July 8th. Citigroup upgraded Ubisoft Entertainment to a strong-buy rating in a research report on Thursday. BMO Capital Markets raised Ubisoft Entertainment from a market perform rating to an outperform rating in a research note on Wednesday, September 18th. Cantor Fitzgerald restated a neutral rating on shares of Ubisoft Entertainment in a research note on Monday, September 9th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Ubisoft Entertainment from a buy rating to a hold rating in a research report on Thursday. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of Moderate Buy.

Ubisoft Entertainment Stock Up 4.5 %

Ubisoft Entertainment stock opened at $2.31 on Friday. Ubisoft Entertainment has a 12-month low of $2.03 and a 12-month high of $6.57. The firm has a 50 day moving average of $3.41 and a 200 day moving average of $4.13. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.51 and a quick ratio of 1.50.

Ubisoft Entertainment Company Profile

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.