Universal Entertainment (OTCMKTS:UETMF) Posts Earnings Results

Universal Entertainment (OTCMKTS:UETMF) announced its quarterly earnings results on Friday. The company reported $0.12 EPS for the quarter, Zacks reports. The firm had revenue of $302.02 million for the quarter. Universal Entertainment had a positive return on equity of 23.25% and a negative net margin of 176.26%.

Universal Entertainment Price Performance

Universal Entertainment stock remained flat at $4.17 during midday trading on Friday. The company’s fifty day moving average is $4.15 and its two-hundred day moving average is $5.72. The firm has a market capitalization of $323.13 million, a PE ratio of -0.22 and a beta of 0.49. The company has a quick ratio of 1.51, a current ratio of 2.24 and a debt-to-equity ratio of 1.01. Universal Entertainment has a 1 year low of $3.87 and a 1 year high of $4.17.

Universal Entertainment Company Profile

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.