Zacks Investment Research downgraded shares of Ubisoft Entertain (OTCMKTS:UBSFY) from a buy rating to a hold rating in a research note published on Friday.
According to Zacks, “Ubisoft Entertainment operates in parts of Europe, Canada and the United States and its primary activities are the production, publishing and distribution of interactive entertainment products. Products include video games, educational and cultural software, cartoons, literary, multimedia, audio-visual products, cinematographic and television works. Some of its brands are Driver, Anno, Endwar and Tom Clancy. “
Shares of Ubisoft Entertain (UBSFY) opened at $17.05 on Friday. Ubisoft Entertain has a 12 month low of $6.31 and a 12 month high of $17.19. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.82 and a quick ratio of 1.73.
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About Ubisoft Entertain
Ubisoft Entertainment SA engages in the production, publishing, and distribution of video games for consoles, PC, smartphones and tablets in physical and digital formats worldwide. The company designs and develops software, including scenarios, layouts, and game rules, as well as develops design tools and game engines.
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