Take-Two Interactive Software (TTWO) : The highest level Take-Two Interactive Software (TTWO) is projected to reach is $46 for the short term and the lowest estimate is at $32. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $41.09 and the possibility the share price can swing is $3.94.
Take-Two Interactive Software (TTWO), According to the latest information the short interest in Take-Two Interactive Software, Inc. plummeted by 11.2% or 1,477,189 shares. The final shorts are 14.2% of the total floated shares. The positions dropped from 13,201,221 shares on June 15,2016 to 11,724,032 on June 30,2016. According to the per-day average trading of 1,550,177 shares, the days to cover are 8. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Equity Analysts at the Brokerage Firm, Jefferies, maintains their rating on the shares of Take-Two Interactive Software (NASDAQ:TTWO). Jefferies has a Buy rating on the shares. As per the latest research report, the brokerage house lowers the price target to $45 per share from a prior target of $48. The rating by the firm was issued on May 19, 2016.
Take-Two Interactive Software (NASDAQ:TTWO): stock turned positive on Thursday. Though the stock opened at $40.2, the bulls momentum made the stock top out at $40.99 level for the day. The stock recorded a low of $38.74 and closed the trading day at $39.96, in the green by 0.13%. The total traded volume for the day was 2,106,088. The stock had closed at $39.91 in the previous days trading.
Take-Two Interactive Software, Inc. is a developer, publisher and marketer of interactive entertainment. The Company develops and publishes products through its two wholly owned labels Rockstar Games and 2K. 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 Companys products are designed for console gaming systems, such as Sonys PlayStation 3 and PlayStation 4, Microsofts Xbox 360 and Xbox One, and personal computers, including Smartphones and tablets. Rockstar Games is the developer and publisher of Grand Theft Auto, as well as other franchises, including L.A. Noire, Max Payne, Midnight Club and Red Dead. The Companys 2K publishes owned and licensed titles across a range of genres, including shooter, action, role-playing, strategy, sports and family/casual.