Ubisoft Entertainment (OTCMKTS:UBSFY) Downgraded to Hold at HSBC

HSBC lowered shares of Ubisoft Entertainment (OTCMKTS:UBSFY) from a buy rating to a hold rating in a report issued on Friday morning, MarketBeat.com reports.

Other analysts have also recently issued research reports about the stock. Citigroup upgraded shares of Ubisoft Entertainment to a strong-buy rating in a research note on Thursday. BNP Paribas cut shares of Ubisoft Entertainment from an outperform rating to a neutral rating in a research note on Wednesday, September 11th. Jefferies Financial Group upgraded shares of Ubisoft Entertainment from an underperform rating to a buy rating in a research note on Monday, July 8th. Cantor Fitzgerald restated a neutral rating on shares of Ubisoft Entertainment in a research note on Monday, September 9th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Ubisoft Entertainment from a buy rating to a hold rating in a research note on Thursday. Four 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’s stock. Based on data from MarketBeat.com, Ubisoft Entertainment has an average rating of Moderate Buy.

Ubisoft Entertainment Trading Up 4.5 %

Shares of UBSFY stock opened at $2.31 on Friday. The company has a current ratio of 1.51, a quick ratio of 1.50 and a debt-to-equity ratio of 1.15. The company has a fifty day moving average price of $3.45 and a two-hundred day moving average price of $4.14. Ubisoft Entertainment has a one year low of $2.03 and a one 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.