Take-Two Interactive Software (NASDAQ:TTWO) : Traders are bullish on Take-Two Interactive Software (NASDAQ:TTWO) as it has outperformed the S&P 500 by a wide margin of 0.43% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.73%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.06% in the last 1 week, and is up 2.05% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 38.09% from its 1 Year high price. On Jun 7, 2016, the shares registered one year high at $40.17 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $38.06 and the 200 Day Moving Average price is recorded at $35.85.
The stock has recorded a 20-day Moving Average of 5.71% and the 50-Day Moving Average is 7.41%.
Take-Two Interactive Software (NASDAQ:TTWO): stock turned positive on Friday. Though the stock opened at $39.55, the bulls momentum made the stock top out at $40.13 level for the day. The stock recorded a low of $39.24 and closed the trading day at $39.84, in the green by 1.55%. The total traded volume for the day was 1,116,653. The stock had closed at $39.23 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Dornemann Michael, director of Take Two Interactive Software Inc, had unloaded 11,500 shares at an average price of $39.66 in a transaction dated on June 9, 2016. The total value of the transaction was worth $456,090.
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.