2.04% volatility in Take-Two Interactive Software, Inc. (TTWO) last month: This is a red flag warning

On Tuesday, Take-Two Interactive Software, Inc. (NASDAQ: TTWO) was 1.42% up from the session before settling in for the closing price of $154.60. A 52-week range for TTWO has been $130.34 – $171.59.

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Annual sales at Communication Services sector company grew by 16.30% over the past five years. When this article was written, the company’s average yearly earnings per share was at 19.12%. With a float of $157.61 million, this company’s outstanding shares have now reached $170.80 million.

Let’s look at the performance matrix of the company that is accounted for 12371 employees.

Take-Two Interactive Software, Inc. (TTWO) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Take-Two Interactive Software, Inc. stocks. The insider ownership of Take-Two Interactive Software, Inc. is 8.04%, while institutional ownership is 91.34%. The most recent insider transaction that took place on May 21 ’24, was worth 378,138. In this transaction Director of this company sold 2,500 shares at a rate of $151.25, taking the stock ownership to the 21,981 shares. Before that another transaction happened on Apr 12 ’24, when Company’s President sold 90,851 for $148.54, making the entire transaction worth $13,494,773. This insider now owns 87,286 shares in total.

Take-Two Interactive Software, Inc. (TTWO) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 19.12% per share during the next fiscal year.

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) Trading Performance Indicators

You can see what Take-Two Interactive Software, Inc. (TTWO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.02.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -21.97, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 7.71 in one year’s time.

Technical Analysis of Take-Two Interactive Software, Inc. (TTWO)

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) saw its 5-day average volume 1.9 million, a positive change from its year-to-date volume of 1.68 million. As of the previous 9 days, the stock’s Stochastic %D was 95.11%. Additionally, its Average True Range was 3.28.

During the past 100 days, Take-Two Interactive Software, Inc.’s (TTWO) raw stochastic average was set at 54.68%, which indicates a significant decrease from 95.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.08% in the past 14 days, which was lower than the 24.18% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $147.40, while its 200-day Moving Average is $149.21. Nevertheless, the first resistance level for the watch stands at $158.12 in the near term. At $159.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $161.53. If the price goes on to break the first support level at $154.71, it is likely to go to the next support level at $152.63. Assuming the price breaks the second support level, the third support level stands at $151.30.

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) Key Stats

There are 171,385K outstanding shares of the company, which has a market capitalization of 26.87 billion. As of now, sales total 5,350 M while income totals -3,744 M. Its latest quarter income was 1,399 M while its last quarter net income were -2,903 M.