Ubisoft Entertainment (OTCMKTS:UBSFY) Upgraded to Hold at Hsbc Global Res

Hsbc Global Res upgraded shares of Ubisoft Entertainment (OTCMKTS:UBSFY) to a hold rating in a report issued on Friday morning, Zacks.com reports.

Several other brokerages have also weighed in on UBSFY. BMO Capital Markets raised Ubisoft Entertainment from a market perform rating to an outperform rating in a report on Wednesday, September 18th. Citigroup raised shares of Ubisoft Entertainment to a strong-buy rating in a research note on Thursday, September 26th. Cantor Fitzgerald restated a neutral rating on shares of Ubisoft Entertainment in a research report on Monday, September 9th. Jefferies Financial Group upgraded shares of Ubisoft Entertainment from an underperform rating to a buy rating in a report on Monday, July 8th. Finally, HSBC lowered Ubisoft Entertainment from a buy rating to a hold rating in a research note on Friday. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ubisoft Entertainment currently has an average rating of Moderate Buy.

Ubisoft Entertainment Stock Down 3.9 %

Ubisoft Entertainment stock opened at $2.22 on Friday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.50 and a current ratio of 1.51. The firm’s 50-day simple moving average is $3.41 and its 200 day simple moving average is $4.13. Ubisoft Entertainment has a fifty-two week low of $2.03 and a fifty-two week high of $6.57.

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.