UbiSoft Entertainment (OTCMKTS:UBSFY) Shares Gap Down – Here’s What Happened

UbiSoft Entertainment Inc. (OTCMKTS:UBSFY) shares gapped down before the market opened on Thursday. The stock had previously closed at $1.07, but opened at $0.97. UbiSoft Entertainment shares last traded at $0.9655, with a volume of 184,575 shares traded.

Analysts Set New Price Targets

Separately, Wedbush cut UbiSoft Entertainment from an “outperform” rating to a “neutral” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, UbiSoft Entertainment currently has a consensus rating of “Hold”.

UbiSoft Entertainment Stock Performance

The company’s 50-day moving average price is $1.13 and its 200-day moving average price is $1.14. The company has a debt-to-equity ratio of 1.24, a quick ratio of 2.55 and a current ratio of 2.55.

UbiSoft Entertainment Company Profile

Ubisoft Entertainment SA is a French video game developer, publisher and distributor. The company creates and operates interactive entertainment for consoles, personal computers and mobile devices, with activities spanning game development, publishing, digital distribution and online services.

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