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Take-Two Interactive Software (NASDAQ:TTWO) hit a new 52-week high on Tuesday , AnalystRatings.NET reports. The stock traded as high as $23.92 and last traded at $23.85, with a volume of 1,255,479 shares. The stock had previously closed at $23.51.

Several analysts have recently commented on the stock. Analysts at Leerink Swann initiated coverage on shares of Take-Two Interactive Software in a research note on Tuesday. They set a “market perform” rating and a $23.50 price target on the stock. Separately, analysts at Goldman Sachs initiated coverage on shares of Take-Two Interactive Software in a research note on Tuesday. They set a “neutral” rating and a $25.00 price target on the stock. Finally, analysts at Zacks upgraded shares of Take-Two Interactive Software from a “neutral” rating to an “outperform” rating in a research note on Wednesday, August 6th. They now have a $24.10 price target on the stock. Nine analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $24.14.

The stock’s 50-day moving average is $22.31 and its 200-day moving average is $21.07. The company has a market cap of $1.880 billion and a price-to-earnings ratio of 6.74. Take-Two Interactive Software also saw unusually large options trading on Monday. Investors bought 18,295 call options on the stock. This represents an increase of 1,055% compared to the average daily volume of 1,584 call options.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Tuesday, August 5th. The company reported ($0.14) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.26) by $0.12. The company had revenue of $125.40 million for the quarter, compared to the consensus estimate of $135.20 million. During the same quarter in the prior year, the company posted ($0.54) earnings per share. The company’s quarterly revenue was down 12.1% on a year-over-year basis. Analysts expect that Take-Two Interactive Software will post $1.04 EPS for the current fiscal year.

Take-Two Interactive Software, Inc is a developer, publisher and marketer of interactive entertainment for consumers worldwide.

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