Ubisoft Entertainment (OTCMKTS:UBSFY) Downgraded by BNP Paribas to “Neutral”

Ubisoft Entertainment (OTCMKTS:UBSFY) was downgraded by research analysts at BNP Paribas from an “outperform” rating to a “neutral” rating in a report issued on Wednesday, Briefing.com reports.

A number of other brokerages have also recently weighed in on UBSFY. Cantor Fitzgerald restated a “neutral” rating on shares of Ubisoft Entertainment in a report on Monday. Jefferies Financial Group upgraded Ubisoft Entertainment from an “underperform” rating to a “buy” rating in a research note on Monday, July 8th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Ubisoft Entertainment has an average rating of “Hold”.

Ubisoft Entertainment Price Performance

OTCMKTS:UBSFY opened at $2.86 on Wednesday. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.15. The firm’s 50-day moving average price is $3.94 and its 200-day moving average price is $4.30. Ubisoft Entertainment has a 1-year low of $2.79 and a 1-year 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.