UbiSoft Entertainment (OTCMKTS:UBSFY – Get Free Report) was downgraded by investment analysts at Wedbush from an “outperform” rating to a “neutral” rating in a research note issued to investors on Friday.
UbiSoft Entertainment Stock Down 10.8%
OTCMKTS:UBSFY opened at $1.07 on Friday. The firm’s 50 day simple moving average is $1.17 and its 200 day simple moving average is $1.08. UbiSoft Entertainment has a one year low of $0.80 and a one year high of $2.40. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 1.24.
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.
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