Welcome!

News Feed Item

Information Technology Equities Technical Study: International Game Technology, Activision Blizzard, Electronic Arts, and Take-Two Interactive Software

LONDON, March 7, 2014 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

The trading session on Thursday, March 06, 2014, ended on a mixed as the Dow Jones Industrial Average finished at 16,421.89, up 0.38% and the NASDAQ Composite closed at 4,352.13, down 0.13%. The S&P 500 finished the session 0.17% higher at 1,877.03. The gains were broad based with seven of ten sectors edging higher. The S&P 500 Information Technology Sector Index finished the day at 599.60, up 0.01%, while the same has gained 5.64% in the last one month. Investor-Edge.com has initiated coverage on the following equities International Game Technology (NYSE: IGT), Activision Blizzard Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NASDAQ: EA), and Take-Two Interactive Software Inc. (NASDAQ: TTWO). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Thursday, shares in International Game Technology witnessed trading of 7.53 million shares, as compared with a three month average volume of 5.14 million shares. The stock ended the day at $15.85, up 4.34%, and at an intraday trading range of $15.21 and $15.89. The stock traded at a PE ratio of 13.95. International Game Technology's shares have gained 7.75% in the previous three trading sessions and 8.86% in the last one month, while the same has declined 12.72% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. International Game Technology's 200-day moving average of $17.77 is above the 50-day moving average of $16.00. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 50.75. Sign up and read the free notes on IGT at:

http://www.Investor-Edge.com/03072014/IGT/report.pdf

Shares in Activision Blizzard Inc. advanced 0.65% finishing Thursday's session at $20.17. The stock recorded trading volume of 4.71 million shares as compared to a three months average volume of 7.11 million shares. The stock fluctuated between $20.01 and $20.35 during the session. The stock traded at a PE ratio of 20.08. Activision's shares have gained 3.33% in the previous three trading sessions, 17.47% in the last one month, and 13.12% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Activision Blizzard Inc.'s 50-day moving average of $18.26 is above the 200-day moving average of $16.84. Moreover, the stock is trading at the Relative Strength Index (RSI) of 69.82. The complimentary notes on ATVI can be downloaded as in PDF format at:

http://www.Investor-Edge.com/03072014/ATVI/report.pdf

On Thursday, Electronic Arts Inc.'s stock edged 0.41% higher to close the day at $29.21. A total of 3.34 million shares were traded, which is below the three months average volumes of 5.66 million. The company's shares oscillated between $29.17 and $29.65 during the trading session. The stock traded at a PE ratio of 569.76. Electronic Arts' shares have advanced 3.99% in the previous three trading sessions, 10.39% in the last one month, and 27.33% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Electronic Arts Inc.'s 50-day moving average of $25.37 is above the 200-day moving average of $24.77. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 71.05. Register for free on Investor-Edge and access the latest research on EA at:

 http://www.Investor-Edge.com/03072014/EA/report.pdf

Shares in Take-Two Interactive Software Inc. saw a trading of 1.74 million shares, as compared with a three month average volume of 3.07 million shares. The stock ended the day at $20.74, down 0.29%. It saw an intraday trading range of $20.71 and $21.06. The company's shares traded at a PE ratio of 6.10. Despite Thursday's losses, Take-Two's shares have gained 3.70% in the previous three trading sessions, 13.71% in the last one month, and 19.40% on YTD basis. Shares of the company are trading above its 50-day and 200-day moving averages. Take-Two Interactive Software Inc.'s 50-day moving average of $18.49 is above the 200-day moving average of $17.42. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 66.95. The complete research on TTWO is available for free at:

http://www.Investor-Edge.com/03072014/TTWO/report.pdf

About Investor-Edge.com

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

=============

EDITOR NOTES:

=============

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] Investor-edge.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] Investor-edge.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] Investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.Investor-Edge.com/

SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, discussed how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He also discussed how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors an...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at Dell EMC, introduced a methodology for capturing, enriching and sharing data (and analytics) across the organization...
"Tintri was started in 2008 with the express purpose of building a storage appliance that is ideal for virtualized environments. We support a lot of different hypervisor platforms from VMware to OpenStack to Hyper-V," explained Dan Florea, Director of Product Management at Tintri, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet and...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, explained the best practices of continuous testing at high scale, which is rele...
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of D...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Due of the rise of Hadoop, many enterprises are now deploying their first small clusters of 10 to 20 servers. At this small scale, the complexity of operating the cluster looks and feels like general data center servers. It is not until the clusters scale, as they inevitably do, when the pain caused by the exponential complexity becomes apparent. We've seen this problem occur time and time again. In his session at Big Data Expo, Greg Bruno, Vice President of Engineering and co-founder of StackIQ...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...