Take-Two Interactive Software: The Winning Streak Continues (TTWO)
Shares of Take-Two Interactive Software (NASDAQ:TTWO) traded today at $40.34, breaking its 52-week high. This new high was reached on below average trading volume as 120,000 shares traded hands, while the average 30-day volume is approximately 1.2 million shares.
Take-Two Interactive Software, Inc. develops, markets, distributes, and publishes interactive entertainment software games and accessories. The Company's products are for the personal computer, PlayStation game console, PlayStation 2 computer entertainment system, Xbox, Nintendo GameCube, and Nintendo Game Boy Advance. Take-Two operates offices worldwide.
Take-Two Interactive Software (NASDAQ:TTWO) is currently priced 5.1% above its average consensus analyst price target of $38.23. The stock should find initial support at its 50-day moving average (MA) of $35.84 and further support at its 200-day MA of $33.32.
In the past 52 weeks, Take-Two Interactive Software share prices have been bracketed by a low of $24.01 and a high of $40.34 and are now at $40.29, 68% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.2%.
SmarTrend is monitoring the recent change of momentum in Take-Two Interactive Software. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Take-Two Interactive Software in search of a potential trend change.
Keywords: 52 week high/lows Take-Two Interactive Software