On a relative basis, the stock has outperformed the S&P 500 by 5.59% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.3% in the last 1 week, and is up 12.73% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Take-Two Interactive Software (NASDAQ:TTWO): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.12 and $40.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.01. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.57, notching a gain of 1.17% for the day. The total traded volume was 847,752 . The stock had closed at $40.10 on the previous day.
The stock has recorded a 20-day Moving Average of 4.38% and the 50-Day Moving Average is 6.07%. Take-Two Interactive Software Inc. is up 10.97% in the last 3-month period. Year-to-Date the stock performance stands at 16.45%.
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.