Take-Two Interactive Software, Inc. (TTWO - Free Report) was a big mover last session, as the company saw its shares rise 9% 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 $112.24 –$127.84 in the past one-month time frame, witnessed a sharp increase on Friday.
The move came after the company reported better-than-expected first-quarter fiscal 2019 results.
The company has seen estimate revisions of two increases and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Take-Two currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
A better-ranked stock in the Toys - Games - Hobbies industry is Activision Blizzard, Inc (ATVI - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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