TTWO Stock Summary and Trading Ideas (Take-Two Interactive Software | NASDAQ:TTWO)

Found in 1993, Take-Two consists of three wholly owned labels, Rockstar Games, 2K, and Zynga. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (345 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom." Zynga mobile titles include "Farmville," "Empires & Puzzles," and "CSR Racing.".

Take-Two Interactive Software trades on the NASDAQ stock market under the symbol TTWO.

As of May 14, 2024, TTWO stock price climbed to $144.96 with 1,456,466 million shares trading.

TTWO has a beta of 1.09, meaning it tends to be more sensitive to market movements. TTWO has a correlation of 0.35 to the broad based SPY ETF.

TTWO has a market cap of $24.62 billion. This is considered a Large Cap stock.

Last quarter Take-Two Interactive Software reported $1 billion in Revenue and $.71 earnings per share. This fell short of revenue expectation by $-2 million and missed earnings estimates by -$.01.

In the last 3 years, TTWO stock traded as high as $195.83 and as low as $90.00.

The top ETF exchange traded funds that TTWO belongs to (by Net Assets): VTI, VOO, XLC, VO, QQQ.

TTWO has underperformed the market in the last year with a price return of +15.7% while the SPY ETF gained +28.8%. TTWO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.6% and +0.5%, respectively, while the SPY returned +6.2% and +2.6%, respectively.

TTWO support price is $142.02 and resistance is $145.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TTWO stock will trade within this expected range on the day.