Take-Two Interactive Software (TTWO) has risen sharply, recording gains of 1.01% in the past 4 weeks. However, the stock has corrected -0.87% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.62% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Take-Two Interactive Software Inc. is up 12.68% in the last 3-month period. Year-to-Date the stock performance stands at 17.62%. The stock has recorded a 20-day Moving Average of 0.22% and the 50-Day Moving Average is 3.75%.
Take-Two Interactive Software (NASDAQ:TTWO): The stock opened at $41.12 on Friday but the bulls could not build on the opening and the stock topped out at $41.63 for the day. The stock traded down to $40.72 during the day, due to lack of any buying support eventually closed down at $40.98 with a loss of -0.27% for the day. The stock had closed at $41.09 on the previous day. The total traded volume was 991,238 shares.
Also, Jefferies maintains its view on Take-Two Interactive Software (NASDAQ:TTWO) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Jefferies raises the price target from $45 per share to $48 per share on Take-Two Interactive Software . The rating by the firm was issued on August 9, 2016.
Take-Two Interactive Software, Inc. is a developer, publisher and marketer of interactive entertainment. The Company develops and publishes products through its two wholly owned labels Rockstar Games and 2K. The Company has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world. The Companys products are designed for console gaming systems, such as Sonys PlayStation 3 and PlayStation 4, Microsofts Xbox 360 and Xbox One, and personal computers, including Smartphones and tablets. Rockstar Games is the developer and publisher of Grand Theft Auto, as well as other franchises, including L.A. Noire, Max Payne, Midnight Club and Red Dead. The Companys 2K publishes owned and licensed titles across a range of genres, including shooter, action, role-playing, strategy, sports and family/casual.