Large Inflow of Money Detected in Take-Two Interactive Software

Take-Two Interactive Software (TTWO) : Take-Two Interactive Software (TTWO) had a healthy money flow of $0.3 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $0.63 million, whereas, investors only sold shares worth $0.33 million on downticks. The stock closed the day with an up-down ratio of 1.92.The money flow in the block trades to the tune of $0.1 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.1 million worth of transactions were on upticks. Take-Two Interactive Software (TTWO) stock slid $0.12 intraday and traded at 39.79, a change of -0.3% over previous days close. However, for the week, the company shares are -0.13% compared to previous weeks close.


The stock has recorded a 20-day Moving Average of 5.11% and the 50-Day Moving Average is 6.42%. Shares have rallied 38.73% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $40.86 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $38.19 and the 200 Day Moving Average price is recorded at $35.89.

Take-Two Interactive Software (NASDAQ:TTWO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.20 and $38.74 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $39.96, notching a gain of 0.13% for the day. The total traded volume was 2,106,088 . The stock had closed at $39.91 on the previous day.

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.

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