Universal Entertainment (OTCMKTS:UETMF) Releases Earnings Results

Universal Entertainment (OTCMKTS:UETMF) released its earnings results on Friday. The company reported $0.12 EPS for the quarter, Zacks reports. Universal Entertainment had a negative net margin of 176.26% and a positive return on equity of 23.25%. The business had revenue of $302.02 million during the quarter.

Universal Entertainment Stock Performance

UETMF stock opened at $4.17 on Friday. Universal Entertainment has a 12-month low of $3.87 and a 12-month high of $4.17. The business’s 50-day moving average is $4.15 and its 200 day moving average is $5.72. The company has a current ratio of 2.24, a quick ratio of 1.51 and a debt-to-equity ratio of 1.01. The stock has a market cap of $323.13 million, a price-to-earnings ratio of -0.22 and a beta of 0.49.

About Universal Entertainment

Universal Entertainment Corporation, trading on the OTC market under the symbol UETMF, is a Japan‐based provider of gaming machines and integrated resort services. Headquartered in Tokyo, the company designs, manufactures and markets a broad range of electronic gaming equipment for domestic pachinko parlors and global casino operators. Its product portfolio includes pachinko and pachislot units for the Japanese market as well as high-end slot machines and digital gaming platforms tailored to international jurisdictions.

At the heart of Universal Entertainment’s operations lies its research and development division, which focuses on hardware engineering and gaming software design.