Company shares last traded at $102.38 which is just a bit higher than the 50 day moving average of $94.03 and which is quite a bit above the 200 day moving average of $74.78. The 50 day moving average went up $8.35 or +8.88% whereas the 200 day moving average was up $27.60 or +36.90%. Trading volume for Take-Two Interactive Software, was 1,201K by the end of trading on Wednesday. Shares saw a steep decrease in trading volume of 66.73% under the normal average daily volume.
Investors are a little more bearish on shares of Take-Two Interactive Software, recently looking at the rise in short interest. The firm experienced a rise in short interest between August 15, 2017 and August 31, 2017 of 11.31%. Short interest grew from 3,918,880 to 4,362,213 over that timeframe. With short interest at 4,362,213 and short average daily volume at 1,122,923, days to cover is 4.0 and the percentage of shorted shares is 0.04% as of August 31.
The following firms have recently changed their position in TTWO. Cantab Capital Partners Llp cut its position by shedding 8,832 shares a decrease of 65.2%. Cantab Capital Partners Llp owns 4,712 shares valued at $346,000,000. The value of the position overall is up by 42,988.4%. As of quarter end Point72 Asset Management, L.p. had bought 1,709,832 shares growing its stake by 2,179.5%. The value of the investment in (TTWO) went from $4,650,000 to $131,224,000 a change of $126,574,000 quarter over quarter.
As of the end of the quarter William Blair Investment Management, LLC had disposed of a total of 206,035 shares trimming its position 11.5%. The value of the total investment in Take-Two Interactive Software, increased from $105,780,000 to $115,843,000 a change of 9.5% since the last quarter. As of quarter end Davidson Kempner Capital Management Lp had acquired a total of 72,387 shares growing its holdings by 11.5%. The value in dollars went from $37,192,000 to $51,366,000 increasing 38.1% for the reporting period.
The most current P/E ratio is 60.44 and the market cap of the company is 10.70B. In the last earnings report the EPS was $1.69 and is estimated to be $2.19 for the current year with 104,464,000 shares outstanding. Analysts expect next quarter’s EPS will be $0.82 and the next full year EPS is anticipated to be $4.26.
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..