Throughout December, there was a discernible decline in the number of short positions taken in Ubisoft Entertainment SA (OTCMKTS: UBSFY). There was a total short interest of 6,600 shares as of December 15th, representing a decrease of 90.8% from 71,700 shares as of November 30th. The current short-interest ratio is 0.0 days, calculated using an average daily volume of shares shorted 153,700. This indicates that there are currently no short positions in the market.
UBSFY stock has recently been getting a lot of attention from various people who follow the market. In a report made available to the public on Friday, October 14th, Deutsche Bank Aktiengesellschaft announced that it had decreased its price objective for Ubisoft Entertainment from €50.00 ($53.19) to €40.00 ($42.55), reflecting a decrease of €10. The investment firm’s recommendation to “buy” the underlying stock was reiterated multiple times. Goldman Sachs Group changed their rating on shares of Ubisoft Entertainment from “sell” to “neutral” in a research note that was published on Friday, October 28th. In addition, they decreased their price target for the company from €41.00 ($43.62) to €37.00 ($39.36). Both of these changes were announced on the same day. In addition, the price target for the company has been lowered from €41.00 ($43.62) to €37.00 ($39.36), reflecting the current market conditions. Societe Generale lowered their target price on shares of Ubisoft Entertainment from €55.00 ($58.51) to €50.00 ($53.19) in a research note published on October 31st. Credit Suisse Group gave the company an “outperform” rating and lowered their price objective on Ubisoft Entertainment from €48.50 ($51.60) to €40.00 ($42.55) in a research report that was published on October 31st. JPMorgan Chase & Co. decreased their price target on Ubisoft Entertainment on Tuesday, December 13th, in a research note published online. The new price target is €46.00 ($48.94), down from €53.00 ($56.38). The last and most significant modification was made here. Five analysts have given the company a recommendation to buy its stock; four analysts have recommended that the company’s stock be held; and a single analyst has recommended that the company’s stock be sold. The average rating for this company is “Hold,” and the stock’s consensus target price is currently $46.13. The statistics offered by Bloomberg were used to gather this information, which was then analyzed.
Compared to the average daily volume of 159,700 shares, 69,772 of the company’s shares changed hands during trading on Wednesday at midday. The price of OTCMKTS: UBSFY dropped to $5.50 due to a decrease of $0.04 during this period. $5.47 is the company’s average price over the past 50 days, while $7.03 is the average price over the past 200 days. The ratio of current assets to current liabilities is 1.30; the ratio of quick assets to current liabilities is 1.27; and the ratio of debt to equity is 0.82. Ubisoft Entertainment hit a low of $4.75 over the past year, while the company reached a high of $12.29 over the same period.
Ubisoft Entertainment SA creates, publishes, and distributes video games in physical and digital formats across several regions, including Europe, North America, and other areas. These video games are compatible with handheld consoles, personal computers (PCs), desktop computers, smartphones, and tablets. The company develops design tools, game engines, and software to design game rules, layouts, and situations.
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