Ubisoft Entertainment (OTCMKTS:UBSFY) Hits New 52-Week Low – Time to Sell?

Ubisoft Entertainment SA (OTCMKTS:UBSFY) shares reached a new 52-week low during trading on Friday . The company traded as low as $2.03 and last traded at $2.04, with a volume of 733047 shares trading hands. The stock had previously closed at $2.23.

Analysts Set New Price Targets

Several analysts recently commented on the company. Stifel Nicolaus downgraded Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Kepler Capital Markets upgraded Ubisoft Entertainment to a “strong sell” rating in a report on Monday, March 31st. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Ubisoft Entertainment Trading Down 8.5 %

The stock has a 50-day moving average of $2.51 and a 200-day moving average of $2.60. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.51 and a quick ratio of 1.50.

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.