Take-Two Interactive Software, Inc. (TTWO) average volume reaches $1.52M: Is Wall Street expecting a rally?

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) on Tuesday, soared 0.40% from the previous trading day, before settling in for the closing price of $155.43. Within the past 52 weeks, TTWO’s price has moved between $130.34 and $171.59.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Communication Services Sector giant saw their annual sales surged by 16.30% over the last five years. The company achieved an average annual earnings per share of 2.38%. With a float of $161.28 million, this company’s outstanding shares have now reached $170.80 million.

The firm has a total of 12371 workers. Let’s measure their productivity. In terms of profitability, gross margin is 46.38%, operating margin of -10.42%, and the pretax margin is -68.22%.

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

Observing investor behavior towards Electronic Gaming & Multimedia industry stocks is more important than anything else. The insider ownership of Take-Two Interactive Software, Inc. is 7.99%, while institutional ownership is 90.41%. The most recent insider transaction that took place on Sep 03 ’24, was worth 124,931. In this transaction Chief Legal Officer of this company sold 790 shares at a rate of $158.14, taking the stock ownership to the 154,786 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Chief Financial Officer sold 1,152 for $158.14, making the entire transaction worth $182,177. This insider now owns 362,194 shares in total.

Take-Two Interactive Software, Inc. (TTWO) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 2.38% per share during the next fiscal year.

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

Take-Two Interactive Software, Inc. (TTWO) is currently performing well based on its current performance indicators. A quick ratio of 0.90 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -22.27, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 7.70 in one year’s time.

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

Analysing the last 5-days average volume posted by the [Take-Two Interactive Software, Inc., TTWO], we can find that recorded value of 1.03 million was lower than the volume posted last year of 1.62 million. As of the previous 9 days, the stock’s Stochastic %D was 87.06%. Additionally, its Average True Range was 3.01.

During the past 100 days, Take-Two Interactive Software, Inc.’s (TTWO) raw stochastic average was set at 62.23%, which indicates a significant decrease from 86.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.29% in the past 14 days, which was lower than the 22.77% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $152.53, while its 200-day Moving Average is $152.89. Now, the first resistance to watch is $157.38. This is followed by the second major resistance level at $158.70. The third major resistance level sits at $159.90. If the price goes on to break the first support level at $154.86, it is likely to go to the next support level at $153.66. Should the price break the second support level, the third support level stands at $152.34.

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

Market capitalization of the company is 27.35 billion based on 171,385K outstanding shares. Right now, sales total 5,350 M and income totals -3,744 M. The company made 1,338 M in profit during its latest quarter, and -262,000 K in sales during its previous quarter.