Stock has lost 8.6% this year

Take-Two Interactive (TTWO) stock had been on a roll for the last few years. The stock is up 370% in the last five years and 156% in the last three years. The stock rose around 40% in 2016 and 130% in 2017. Last year, however, the stock lost 14% and shares are down 8.6% in 2019 as well. The blockbuster performance of Fortnite has severely impacted the stock performance of Take-Two, Electronic Arts (EA), and Activision Blizzard (ATVI). Fortnite was the most successful game in 2018 and generated $2.5 billion in sales.

How Has Take-Two Interactive Performed In 2019?

Ready to put your morning scrolling to use? Sign up for Bagels & Stox, our witty take on the top market and investment news straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.

Since the start of 2018, Take-Two has lost 17%, while EA and ATVI have fallen by 10% and 28%, respectively.

Does Take-Two stock have upside potential?

Of the 20 analysts covering Take-Two, 16 have recommended “buys,” three have recommended “holds,” and one has recommended a “sell” on its stock. Analysts have a 12-month average price target of $122.20 on the stock, which indicates a potential upside of 30% from its current price of $94.11.

What do the technical indicators say?

On April 11, TTWO closed the trading day at $94.11. Based on that price, the stock was trading as follows:

  • 5.2% below its 100-day moving average of $99.22
  • 0.8% above its 50-day moving average of $93.34
  • 1.5% below its 20-day moving average of $95.52


TTWO’s 14-day MACD (moving average convergence divergence) is -0.35. A stock’s MACD marks the difference between its short-term and long-term moving averages. TTWO’s negative MACD score indicates a downward trading trend.

TTWO has a 14-day RSI (relative strength index) score of 49, which shows that its stock is trading right in between oversold and overbought territory. An RSI score of above 70 indicates that a stock is overbought, while an RSI score of below 30 indicates that a stock is oversold.

Latest articles

Yum! Brands (YUM) is set to report its first-quarter earnings before the market opens on May 1.

Merchant power player NRG Energy (NRG) is slated to report its first-quarter earnings on May 2. According to consensus estimates, NRG will report earnings of $0.56 per share for the quarter, which ended on March 31.

Fortinet (FTNT) is scheduled to announce its first-quarter results on May 2.

AK Steel (AKS) is scheduled to release its first-quarter earnings on April 29 after the markets close. The company is to hold its earnings call on April 30.

Apple (AAPL) is scheduled to release its second quarter of fiscal 2019 results on April 30 after markets close.

25 Apr

Why Clorox Stock Is Underperforming Peers

WRITTEN BY Adrian Stevens

Clorox (CLX) stock was trading flat on a year-to-date basis as of April 24, and it has underperformed the broader markets as well as its peers.