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 = 433071 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Take-Two Interactive Software Shares Sinking Lower, Down 8.5%

Published on Thu, 01/31/2013 - 11:13
By Peter Chu

Down 8.5% to $11.95, Take-Two Interactive Software (NASDAQ:TTWO), is one of today's notable movers. The Dow is trading fractionally higher to 13,918 and the S&P is currently trading fractionally lower to 1,501.

There is potential upside of 29.1% for shares of Take-Two Interactive Software based on a current price of $11.95 and an average consensus analyst price target of $15.42. The stock should find resistance at its 50-day moving average (MA) of $12.24, as well as support at its 200-day MA of $11.18.

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.

Over the past year, Take-Two Interactive Software has traded in a range of $7.37 to $16.99 and is now at $11.95, 62% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.8%.

By Peter Chu
pchu@fnno.com