(Finance) – Effervescent Take Two Interactive Softwarewhich trades with a decidedly positive performance of 11.13%.
The video game group closed the fourth quarter with net profits equal to 111 million, or 95 cents per share, higher than the 65 cents estimated by analysts. In the same period a year ago, profits were 219 million ($ 1.88 per share). THE revenues in the three months they grew by 11% to 930 million dollars, against the 897 million expected by the consensus.
On a comparative level on a weekly basis, the trend of Take Two Interactive Software shows a more marked trend than the trendline ofS & P-500. This demonstrates the greater propensity to buy by investors towards Take Two Interactive Software with respect to the index.
The medium-term trends of Take Two Interactive Software is confirmed negative. On the contrary, in the short term, there is an improvement in the positive phase which reaches the most immediate resistance seen at USD 125.3. Support estimated at 118.5. Technically, we tend to benefit from a new bullish point estimated in the 132.1 area.