Ubisoft Entertainment (OTCMKTS:UBSFY) Shares Pass Below 50 Day Moving Average – Time to Sell?

Ubisoft Entertainment SA (OTCMKTS:UBSFY)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.44 and traded as low as $2.00. Ubisoft Entertainment shares last traded at $2.08, with a volume of 181,797 shares changing hands.

Analysts Set New Price Targets

Separately, Kepler Capital Markets raised shares of Ubisoft Entertainment to a “strong sell” rating in a research report on Monday, March 31st. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Ubisoft Entertainment Price Performance

The stock has a 50-day moving average of $2.44 and a 200 day moving average of $2.56. The company has a current ratio of 1.51, a quick ratio of 1.50 and a debt-to-equity ratio of 1.15.

Ubisoft Entertainment Company Profile

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.