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Stock Investors Sell Off Shares of Take-Two Interactive Software, Down 2.7%

Published on Tue, 04/30/2013 - 10:23
By Mallory Stone

One of today's notable stocks in decline is Take-Two Interactive Software (NASDAQ:TTWO), down 2.7% to $15.05. The Dow is down 0.2% to 14,781 and the S&P is currently trading fractionally lower to 1,591.

Take-Two Interactive Software (NASDAQ:TTWO) has potential upside of 8.8% based on a current price of $15.05 and analysts' consensus price target of $16.38. The stock should hit resistance at its 50-day moving average (MA) of $15.37, as well as support at its 200-day MA of $12.23.

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.

In the past 52 weeks, Take-Two Interactive Software share prices have been bracketed by a low of $7.37 and a high of $16.16 and are now at $15.05, 104% above that low price. The 200-day and 50-day moving averages have moved 0.77% higher and 0.24% higher over the past week, respectively.

By Mallory Stone