UbiSoft Entertainment (OTCMKTS:UBSFY) Shares Gap Up – Time to Buy?

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) gapped up prior to trading on Wednesday. The stock had previously closed at $1.05, but opened at $1.08. UbiSoft Entertainment shares last traded at $1.08, with a volume of 1,429 shares trading hands.

Analyst Ratings Changes

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

UbiSoft Entertainment Trading Down 1.9%

The company has a debt-to-equity ratio of 1.24, a quick ratio of 2.55 and a current ratio of 2.55. The company’s 50-day simple moving average is $1.15 and its 200-day simple moving average is $1.13.

UbiSoft Entertainment Company Profile

Ubisoft Entertainment SA is a France-based video game publisher and developer headquartered in Saint-Mandé. Founded in 1986 by the Guillemot family, the company creates, publishes and distributes interactive entertainment for consoles, personal computers and mobile devices. Ubisoft serves players worldwide through digital storefronts, physical retail channels and online services.

The company’s portfolio includes major franchises such as Assassin’s Creed, Far Cry, Tom Clancy’s Rainbow Six, Tom Clancy’s The Division, Just Dance, Prince of Persia, Watch Dogs and Anno.