UbiSoft Entertainment (OTCMKTS:UBSFY) Shares Gap Up – Still a Buy?

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $1.0552, but opened at $1.1550. UbiSoft Entertainment shares last traded at $1.15, with a volume of 27,758 shares changing hands.

Analysts Set New Price Targets

Separately, Wedbush lowered shares of UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a research report on Friday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, UbiSoft Entertainment currently has a consensus rating of “Hold”.

UbiSoft Entertainment Stock Up 9.0%

The company has a debt-to-equity ratio of 1.24, a current ratio of 2.55 and a quick ratio of 2.55. The stock’s 50 day simple moving average is $1.17 and its two-hundred day simple moving average is $1.08.

UbiSoft Entertainment Company Profile

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.