The stock of Take-Two Interactive Software, Inc. (TTWO) has seen a 0.26% increase in the past week, with a 4.28% gain in the past month, and a -4.46% decrease in the past quarter. The volatility ratio for the week is 1.92%, and the volatility levels for the past 30 days are at 2.15% for TTWO. The simple moving average for the last 20 days is 2.49% for TTWO’s stock, with a simple moving average of 1.86% for the last 200 days.
Is It Worth Investing in Take-Two Interactive Software, Inc. (NASDAQ: TTWO) Right Now?
Company’s 36-month beta value is 0.74.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for TTWO is 156.76M, and currently, short sellers hold a 5.42% ratio of that floaft. The average trading volume of TTWO on April 11, 2024 was 1.72M shares.
TTWO) stock’s latest price update
Take-Two Interactive Software, Inc. (NASDAQ: TTWO)’s stock price has gone decline by -1.67 in comparison to its previous close of 154.70, however, the company has experienced a 0.26% increase in its stock price over the last five trading days. InvestorPlace reported 2024-04-10 that The Wall Street rally has continued in April with the S&P 500 trading near recently-set record highs. The stronger-than-expected jobs report has boosted investor optimism as the U.S. economy remains resilient despite higher rates.
Analysts’ Opinion of TTWO
Many brokerage firms have already submitted their reports for TTWO stocks, with Citigroup repeating the rating for TTWO by listing it as a “Buy.” The predicted price for TTWO in the upcoming period, according to Citigroup is $200 based on the research report published on April 08, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see TTWO reach a price target of $195. The rating they have provided for TTWO stocks is “Buy” according to the report published on April 01st, 2024.
MoffettNathanson gave a rating of “Neutral” to TTWO, setting the target price at $167 in the report published on February 05th of the current year.
TTWO Trading at -0.17% 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 -11.35% of loss for the given period.
Volatility was left at 2.15%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +5.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.46% lower at present.
During the last 5 trading sessions, TTWO rose by +0.26%, which changed the moving average for the period of 200-days by +7.24% in comparison to the 20-day moving average, which settled at $148.80. In addition, Take-Two Interactive Software, Inc. saw -5.49% 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 5.3. 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
In a nutshell, Take-Two Interactive Software, Inc. (TTWO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
