Company shares are trading at $110.65 just above the 50 day moving average which is $103.16 and which is quite a bit above the 200 day moving average of $84.44. The 50 day moving average was up by +7.26% and the 200 day average went up $26.21 or +31.04%. (NASDAQ:TTWO) shares saw heavy trading volume with 1,642K shares changing hands in the last trading session. Overall, volume was up 33.60% over the stocks normal daily volume.
Investors are more bullish on shares of the company recently if you look at the change in short interest. The stock had a fall in short interest of -33.39% as of October 13, 2017 from the last reporting period. Short shares fell from 3,864,000 to 2,573,768 over that timeframe. Days to cover decreased 0.0 to 2.0 and the short interest percentage is 0.02% as of October 13.
These funds have shifted positions in (TTWO). Aperio Group, LLC augmented its ownership by buying 12 shares an increase of 0.0% as of 09/30/2017. Aperio Group, LLC now holds 25,780 shares worth $2,635,000. The total value of its holdings increased 39.3%. Affinity Investment Advisors, LLC cut its stake by shedding 2,747 shares a decrease of 57.2% from 03/31/2017 to 09/30/2017. Affinity Investment Advisors, LLC owns 2,052 shares valued at $210,000. The value of the position overall is down by 26.1%.
Simplex Trading, LLC added to its position by buying 1,993 shares an increase of 14.8%. Simplex Trading, LLC currently owns 15,499 shares with a value of $1,584,000. The value of the position overall is up by 59.8%. Artemis Investment Management LLP downsized its investment by shedding 237,474 shares a decrease of 54.4% in the quarter. Artemis Investment Management LLP now controls 198,799 shares worth $20,324,000. The total value of its holdings decreased 36.5%.
Equity analyst Buckingham added the stock to its research portfolio setting a rating of “Buy”. Barclays started covering the stock with an initial rating of “Overweight”.
The most current P/E ratio is 65.32 and market cap is 11.56B. As of the latest earnings report the EPS was $1.69 and is expected to be $2.21 for the current year with 104,464,000 shares outstanding. Next quarter’s EPS is expected be $0.82 with next year’s EPS anticipated to be $4.37.
Take-Two Interactive Software, Inc., launched on October 30, 1993, is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its two labels, Rockstar Games and 2K. It operates through publishing segment. The Company has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world. The Business’s products are designed for console gaming systems, such as Sony Computer Entertainment, Inc.’s PlayStation 3 and PlayStation 4, Microsoft Corporation’s Xbox 360 and Xbox One, and personal computers, including smartphones and tablets. It delivers its products through physical retail, digital download, online platforms and cloud streaming services..