The stock has a 36-month beta value of 0.87. Opinions on the stock are mixed, with 10 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for TTWO is 161.60M, and at present, short sellers hold a 4.48% of that float. On November 15, 2024, the average trading volume of TTWO was 1.45M shares.
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TTWO) stock’s latest price update
Take-Two Interactive Software, Inc (NASDAQ: TTWO)’s stock price has gone decline by -0.21 in comparison to its previous close of 181.87, however, the company has experienced a 1.29% increase in its stock price over the last five trading days. youtube.com reported 2024-11-11 that Strauss Zelnick, Take-Two Interactive chairman and CEO, joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, growth outlook, future of gaming, impact of AI, M&A outlook, and more.
TTWO’s Market Performance
TTWO’s stock has risen by 1.29% in the past week, with a monthly rise of 17.15% and a quarterly rise of 21.04%. The volatility ratio for the week is 1.99% while the volatility levels for the last 30 days are 2.12% for Take-Two Interactive Software, Inc. The simple moving average for the past 20 days is 8.62% for TTWO’s stock, with a 18.39% simple moving average for the past 200 days.
Analysts’ Opinion of TTWO
Many brokerage firms have already submitted their reports for TTWO stocks, with Redburn Atlantic repeating the rating for TTWO by listing it as a “Buy.” The predicted price for TTWO in the upcoming period, according to Redburn Atlantic is $194 based on the research report published on August 29, 2024 of the current year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see TTWO reach a price target of $179. The rating they have provided for TTWO stocks is “Buy” according to the report published on August 12th, 2024.
BofA Securities gave a rating of “Buy” to TTWO, setting the target price at $185 in the report published on May 23rd of the current year.
TTWO Trading at 14.45% 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 -0.62% of loss for the given period.
Volatility was left at 2.12%, however, over the last 30 days, the volatility rate increased by 1.99%, as shares surge +17.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.55% upper at present.
During the last 5 trading sessions, TTWO rose by +1.29%, which changed the moving average for the period of 200-days by +10.03% in comparison to the 20-day moving average, which settled at $167.08. In addition, Take-Two Interactive Software, Inc saw 12.76% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TTWO starting from ZELNICK STRAUSS, who sale 25,000 shares at the price of $176.40 back on Nov 08 ’24. After this action, ZELNICK STRAUSS now owns 0 shares of Take-Two Interactive Software, Inc, valued at $4,409,901 using the latest closing price.
Srinivasan LaVerne Evans, the Director of Take-Two Interactive Software, Inc, sale 2,000 shares at $179.17 during a trade that took place back on Nov 08 ’24, which means that Srinivasan LaVerne Evans is holding 9,692 shares at $358,340 based on the most recent closing price.
Stock Fundamentals for TTWO
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 0.51 for the gross margin
The net margin for Take-Two Interactive Software, Inc stands at -0.66. The total capital return value is set at -0.03. Equity return is now at value -50.91, with -25.61 for asset returns.
Based on Take-Two Interactive Software, Inc (TTWO), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at -0.11. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is -21.81.
Currently, EBITDA for the company is -1.72 billion with net debt to EBITDA at -1.43. When we switch over and look at the enterprise to sales, we see a ratio of 6.37. The receivables turnover for the company is 5.82for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
To sum up, Take-Two Interactive Software, Inc (TTWO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.