Examining the Volatility of Take-Two Interactive Software, Inc.’s (TTWO) Stock

The stock of Take-Two Interactive Software, Inc. (TTWO) has seen a 3.45% increase in the past week, with a 3.69% gain in the past month, and a -4.73% decrease in the past quarter. The volatility ratio for the week is 2.16%, and the volatility levels for the past 30 days are at 2.19% for TTWO. The simple moving average for the past 20 days is 3.56% for TTWO’s stock, with a 1.82% simple moving average for the past 200 days.

Is It Worth Investing in Take-Two Interactive Software, Inc. (NASDAQ: TTWO) Right Now?

TTWO has 36-month beta value of 0.74. Analysts have mixed views on the stock, with 10 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 1 as “sell.”

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The public float for TTWO is 156.76M, and currently, short sellers hold a 5.76% ratio of that float. The average trading volume of TTWO on April 04, 2024 was 1.70M shares.

TTWO) stock’s latest price update

The stock price of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) has surged by 1.44 when compared to previous closing price of 149.57, but the company has seen a 3.45% gain in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-03 that Jefferies recently initiated coverage on Take-Two stock with a buy rating. The firm’s analyst put a price target on the stock of $195 per share, suggesting almost 30% upside.

Analysts’ Opinion of TTWO

Many brokerage firms have already submitted their reports for TTWO stocks, with Jefferies repeating the rating for TTWO by listing it as a “Buy.” The predicted price for TTWO in the upcoming period, according to Jefferies is $195 based on the research report published on April 01, 2024 of the current year 2024.

MoffettNathanson, on the other hand, stated in their research note that they expect to see TTWO reach a price target of $167, previously predicting the price at $169. The rating they have provided for TTWO stocks is “Neutral” according to the report published on February 05th, 2024.

BMO Capital Markets gave a rating of “Outperform” to TTWO, setting the target price at $200 in the report published on January 09th of the current year.

TTWO Trading at -1.34% from the 50-Day Moving Average

After a stumble in the market that brought TTWO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.57% of loss for the given period.

Volatility was left at 2.19%, however, over the last 30 days, the volatility rate increased by 2.16%, as shares surge +5.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.72% lower at present.

During the last 5 trading sessions, TTWO rose by +3.45%, which changed the moving average for the period of 200-days by +10.59% in comparison to the 20-day moving average, which settled at $146.90. In addition, Take-Two Interactive Software, Inc. saw -5.73% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TTWO starting from Sheresky Michael, who sale 260 shares at the price of $155.72 back on Feb 15 ’24. After this action, Sheresky Michael now owns 63,645 shares of Take-Two Interactive Software, Inc., valued at $40,487 using the latest closing price.

Goldstein Lainie, the Chief Financial Officer of Take-Two Interactive Software, Inc., sale 20,701 shares at $158.01 during a trade that took place back on Dec 06 ’23, which means that Goldstein Lainie is holding 322,133 shares at $3,270,957 based on the most recent closing price.

Stock Fundamentals for TTWO

Current profitability levels for the company are sitting at:

  • -0.29 for the present operating margin
  • 0.37 for the gross margin

The net margin for Take-Two Interactive Software, Inc. stands at -0.27. The total capital return value is set at -0.13. Equity return is now at value -16.08, with -9.14 for asset returns.

Based on Take-Two Interactive Software, Inc. (TTWO), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at -0.01. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is -15.44.

Currently, EBITDA for the company is 731.1 million with net debt to EBITDA at 31.5. When we switch over and look at the enterprise to sales, we see a ratio of 5.28. The receivables turnover for the company is 7.15for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.

Conclusion

To put it simply, Take-Two Interactive Software, Inc. (TTWO) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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