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

Published on Thu, 01/31/2013 - 11:13
By Peter Chu in Market movers, TTWO, market movers, nasdaq:ttwo, take-two interactive software

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

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