Universal Entertainment (OTCMKTS:UETMF) Reaches New 52-Week High – Still a Buy?

Universal Entertainment Co. (OTCMKTS:UETMF)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $9.44 and last traded at $9.44, with a volume of 0 shares. The stock had previously closed at $9.44.

Universal Entertainment Price Performance

The stock’s fifty day simple moving average is $9.65 and its 200-day simple moving average is $10.73.

Universal Entertainment (OTCMKTS:UETMF) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.16) earnings per share (EPS) for the quarter. The company had revenue of $182.69 million during the quarter. Universal Entertainment had a net margin of 5.07% and a return on equity of 2.37%.

About Universal Entertainment

Universal Entertainment Corporation, together with its subsidiaries, manufactures, develops, and sells pachislot and pachinko machines in Japan, Philippines, and internationally. The company operates in two segments, Amusement Equipment Business, and Integrated Resort Business. The company also develops and provides Falcon X, a peripheral system; Hot Stadium, a digital signage system; Universal Kingdom, a membership website for Android; and Slots Street, a social casino game; as well as operates OKADA MANILA, a casino resort in the Philippines.