user warning: Got error 28 from storage engine query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 519645 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Stock Investors Sell Off Shares of Take-Two Interactive Software, Down 1.7%

Published on Wed, 06/19/2013 - 10:45
By Robert Cotter

Take-Two Interactive Software (NASDAQ:TTWO) is one of today's biggest movers, down 1.7% to $15.40. The Dow is trading fractionally lower to 15,305 and the S&P is currently trading fractionally lower to 1,650.

There is potential upside of 27.7% for shares of Take-Two Interactive Software based on a current price of $15.40 and an average consensus analyst price target of $19.67. Take-Two Interactive Software shares should encounter resistance at the 50-day moving average (MA) of $15.82 and support at its 200-day MA of $13.41.

In the past 52 weeks, shares of Take-Two Interactive Software have traded between a low of $7.37 and a high of $17.54 and are now at $15.40, which is 109% 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 0.6%.

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.

By Robert Cotter
rcotter@fnno.com