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Take-Two Interactive Software (TTWO) Catches Eye: Stock Jumps 10.6%

Zacks

Take-Two Interactive Software, Inc. TTWO was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $102.67–$110.65 in the past one-month time frame, witnessed a sharp increase yesterday.

The shares rose after the company reported better-than-expected results for fiscal second-quarter 2018.

The company has seen one positive estimate revision in the past two months versus one negative revision. Its Zacks Consensus Estimate for the current quarter has also moved higher over the same time frame, suggesting that more solid trading could be ahead for Take-Two Interactive Software. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Take-Two Interactive Software currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is negative.


Take-Two Interactive Software, Inc. Price and Consensus

Another stock worth considering in the Toys – Games – Hobbies industry is Nintendo Co. NTDOY which also carries a Zacks Rank #1 . You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is TTWO going up? Or down? Predict to see what others think: Up or Down

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