UbiSoft Entertainment (OTCMKTS:UBSFY) Shares Gap Down – Time to Sell?

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) shares gapped down prior to trading on Monday . The stock had previously closed at $1.20, but opened at $1.14. UbiSoft Entertainment shares last traded at $1.1350, with a volume of 6,692 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Wedbush downgraded UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a report on Friday, July 24th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, UbiSoft Entertainment currently has a consensus rating of “Hold”.

UbiSoft Entertainment Price Performance

The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 1.24. The firm’s fifty day simple moving average is $1.20 and its 200-day simple moving average is $1.08.

About UbiSoft Entertainment

UbiSoft Entertainment is a global video game developer and publisher known for creating and distributing interactive entertainment across multiple platforms, including consoles, PCs and mobile devices. The company’s portfolio spans a wide array of genres, with flagship franchises such as Assassin’s Creed, Far Cry, Tom Clancy’s Rainbow Six and Watch Dogs. In addition to traditional game releases, UbiSoft provides digital services through its Ubisoft Connect platform, offering players social features, cloud saves and cross-platform progression.

Founded in 1986 in Carentoir, France, UbiSoft has grown into one of the largest independent game publishers worldwide.