Market Update: Take-Two Interactive Software, Inc. (TTWO) Sees Negative Movement, Closing at 152.18

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In the latest session, Take-Two Interactive Software, Inc. (NASDAQ: TTWO) closed at $152.18 down -0.93% from its previous closing price of $153.61. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 1.21 million shares were traded. TTWO stock price reached its highest trading level at $154.9 during the session, while it also had its lowest trading level at $152.07.

Ratios:

For a deeper understanding of Take-Two Interactive Software, Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.58.

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 this company, Redburn Atlantic on August 29, 2024, initiated with a Buy rating and assigned the stock a target price of $194.

On August 12, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $179.

BofA Securities Upgraded its Neutral to Buy on May 23, 2024, whereas the target price for the stock was revised from $160 to $185.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 03 ’24 when Emerson Daniel P sold 790 shares for $158.14 per share. The transaction valued at 124,931 led to the insider holds 154,786 shares of the business.

Goldstein Lainie sold 1,152 shares of TTWO for $182,177 on Sep 03 ’24. The Chief Financial Officer now owns 362,194 shares after completing the transaction at $158.14 per share. On Sep 03 ’24, another insider, Emerson Daniel P, who serves as the Officer of the company, bought 790 shares for $158.14 each.

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 26674567168 and an Enterprise Value of 29700333568. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.94 while its Price-to-Book (P/B) ratio in mrq is 4.45. Its current Enterprise Value per Revenue stands at 5.497 whereas that against EBITDA is 60.886.

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 $130.34. The 50-Day Moving Average of the stock is 0.41%, while the 200-Day Moving Average is calculated to be -0.93%.

Shares Statistics:

For the past three months, TTWO has traded an average of 1.52M shares per day and 1314540 over the past ten days. A total of 170.80M shares are outstanding, with a floating share count of 161.28M. Insiders hold about 7.99% of the company’s shares, while institutions hold 90.27% stake in the company. Shares short for TTWO as of 1724976000 were 6899923 with a Short Ratio of 4.55, compared to 1722384000 on 6365286. Therefore, it implies a Short% of Shares Outstanding of 6899923 and a Short% of Float of 4.4299997.

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