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The closing price of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) was $140.64 for the day, down -1.76% from the previous closing price of $143.16. In other words, the price has decreased by -$1.76 from its previous closing price. On the day, 1.49 million shares were traded. TTWO stock price reached its highest trading level at $143.8 during the session, while it also had its lowest trading level at $140.38.
Ratios:
Our analysis of TTWO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.36.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on April 08, 2024, Upgraded its rating to Buy and sets its target price to $200 from $170 previously.
MoffettNathanson Downgraded its Buy to Neutral on February 05, 2024, whereas the target price for the stock was revised from $169 to $167.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 12 ’24 when Slatoff Karl sold 90,851 shares for $148.54 per share. The transaction valued at 13,494,773 led to the insider holds 87,286 shares of the business.
ZELNICK STRAUSS sold 90,851 shares of TTWO for $13,494,773 on Apr 12 ’24. The Chairman, CEO now owns 87,286 shares after completing the transaction at $148.54 per share. On Feb 15 ’24, another insider, Sheresky Michael, who serves as the Director of the company, sold 260 shares for $155.72 each. As a result, the insider received 40,487 and left with 63,645 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TTWO now has a Market Capitalization of 24013717504 and an Enterprise Value of 26595172352. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.45 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 4.928 whereas that against EBITDA is 18.783.
Stock Price History:
Over the past 52 weeks, TTWO has reached a high of $171.59, while it has fallen to a 52-week low of $119.57. The 50-Day Moving Average of the stock is -6.32%, while the 200-Day Moving Average is calculated to be -5.87%.
Shares Statistics:
TTWO traded an average of 1.77M shares per day over the past three months and 1516240 shares per day over the past ten days. A total of 168.90M shares are outstanding, with a floating share count of 156.76M. Insiders hold about 8.10% of the company’s shares, while institutions hold 89.97% stake in the company. Shares short for TTWO as of 1711584000 were 8493733 with a Short Ratio of 4.81, compared to 1709164800 on 6863206. Therefore, it implies a Short% of Shares Outstanding of 8493733 and a Short% of Float of 5.59.
Earnings Estimates
The stock of Take-Two Interactive Software, Inc. (TTWO) is currently in the spotlight, with Take-Two Interactive Software, analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $2.99, with high estimates of $49.85 and low estimates of $11.90.
