Universal Entertainment (OTCMKTS:UETMF) Posts Earnings Results

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

Universal Entertainment Stock Performance

Shares of UETMF remained flat at $6.56 during midday trading on Thursday. The company has a market cap of $507.95 million, a PE ratio of -11.11 and a beta of 0.45. The business has a 50-day moving average of $6.56 and a 200 day moving average of $6.58. 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.

About Universal Entertainment

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.