Universal Entertainment (OTCMKTS:UETMF) Issues Earnings Results

Universal Entertainment (OTCMKTS:UETMF) issued its earnings results on Thursday. The company reported $0.71 earnings per share for the quarter, Zacks reports. Universal Entertainment had a positive return on equity of 14.42% and a negative net margin of 5.30%.

Universal Entertainment Price Performance

UETMF remained flat at $6.56 during trading on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.03 and a quick ratio of 1.21. Universal Entertainment has a 12 month low of $6.37 and a 12 month high of $7.25. The firm’s fifty day moving average price is $6.56 and its two-hundred day moving average price is $6.58. The company has a market capitalization of $507.95 million, a P/E ratio of -11.11 and a beta of 0.45.

Universal Entertainment Company Profile

Universal Entertainment Corporation, trading on the OTC market under the symbol UETMF, is a Japan‐based provider of gaming machines and integrated resort services. Headquartered in Tokyo, the company designs, manufactures and markets a broad range of electronic gaming equipment for domestic pachinko parlors and global casino operators. Its product portfolio includes pachinko and pachislot units for the Japanese market as well as high-end slot machines and digital gaming platforms tailored to international jurisdictions.

At the heart of Universal Entertainment’s operations lies its research and development division, which focuses on hardware engineering and gaming software design.