Take-Two Interactive Software In (NASDAQ: TTWO) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and its longer term price trend turned down.
Recent meaningful negative changes in fundamentals have impacted Take-Two Interactive Software In (NASDAQ: TTWO): the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TTWO is expected to continue to be a Value Builder.
Take-Two Interactive Software In has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Take-Two Interactive Software In has a good Appreciation Score of 74 but a neutral Power Rating of 48, resulting in the High Neutral Value Trend Rating.
Recent Price Action
On 4/18/24, Take-Two Interactive Software In (NASDAQ: TTWO) stock declined modestly by -1.8%, closing at $140.64. However, trading volume in this decline was below average at 78% of normal. Relative to the market the stock has been strong over the last nine months but has declined -7.5% during the last week.
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