Ubisoft Entertainment (OTCMKTS:UBSFY) Downgraded by Stifel Nicolaus to “Hold”

Ubisoft Entertainment (OTCMKTS:UBSFY) was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a report released on Wednesday,Briefing.com Automated Import reports.

Other equities analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft downgraded Ubisoft Entertainment from a “buy” rating to a “hold” rating in a report on Thursday, September 26th. UBS Group upgraded shares of Ubisoft Entertainment from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 8th. BMO Capital Markets raised shares of Ubisoft Entertainment from a “market perform” rating to an “outperform” rating in a research note on Wednesday, September 18th. Citigroup raised Ubisoft Entertainment to a “strong-buy” rating in a research report on Thursday, September 26th. Finally, Sanford C. Bernstein raised Ubisoft Entertainment from an “underperform” rating to a “market perform” rating in a research report on Monday, October 7th. Ten investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Ubisoft Entertainment Stock Performance

Shares of Ubisoft Entertainment stock opened at $2.59 on Wednesday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51. Ubisoft Entertainment has a 52-week low of $2.03 and a 52-week high of $5.31. The company’s 50 day moving average price is $2.75 and its 200-day moving average price is $3.43.

About Ubisoft Entertainment

Ubisoft Entertainment SA produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally. The company designs and develops software, including scenarios, animation, gameplay, layouts, and game rules, as well as develops design tools and game engines.