Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, AppDynamics Blog, David Sprott, tru welu, Blue Box Blog

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
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, focused on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud platfo...
Andi Mann has been serving as Conference Chair of the DevOps Summit since its inception. He is one of the world's recognized leaders in DevOps, and continues to be one of its most articulate advocates. Here are some recent thoughts of his in an interview we conducted in the run-up to the DevOps Summit to be held June 9-11 at the Javits Center in New York City. When did you first start thinking about DevOps and its potential impact on enterprise IT? Andi: I first started thinking about DevOps b...
The most often asked question post-DevOps introduction is: “How do I get started?” There’s plenty of information on why DevOps is valid and important, but many managers still struggle with simple basics for how to initiate a DevOps program in their business. They struggle with issues related to current organizational inertia, the lack of experience on Continuous Integration/Delivery, understanding where DevOps will affect revenue and budget, etc. In their session at DevOps Summit, JP Morgentha...
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Software is eating the world. Companies that were not previously in the technology space now find themselves competing with Google and Amazon on speed of innovation. As the innovation cycle accelerates, companies must embrace rapid and constant change to both applications and their infrastructure, and find a way to deliver speed and agility of development without sacrificing reliability or efficiency of operations. In her Day 2 Keynote DevOps Summit, Victoria Livschitz, CEO of Qubell, discussed...
The speed of product development has increased massively in the past 10 years. At the same time our formal secure development and SDL methodologies have fallen behind. This forces product developers to choose between rapid release times and security. In his session at DevOps Summit, Michael Murray, Director of Cyber Security Consulting and Assessment at GE Healthcare, examined the problems and presented some solutions for moving security into the DevOps lifecycle to ensure that we get fast AND ...
SYS-CON Events announced today that MetraTech, now part of Ericsson, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Ericsson is the driving force behind the Networked Society- a world leader in communications infrastructure, software and services. Some 40% of the world’s mobile traffic runs through networks Ericsson has supplied, serving more than 2.5 billion subscribers.
The OpenStack cloud operating system includes Trove, a database abstraction layer. Rather than applications connecting directly to a specific type of database, they connect to Trove, which in turn connects to one or more specific databases. One target database is Postgres Plus Cloud Database, which includes its own RESTful API. Trove was originally developed around MySQL, whose interfaces are significantly less complicated than those of the Postgres cloud database. In his session at 16th Cloud...
How does one bridge the gap between traditional enterprise storage infrastructures and the private, hybrid, and public cloud? In his session at 15th Cloud Expo, Dan Pollack, Chief Architect of Storage Operations at AOL Inc., examed the workload differences and required changes to reuse existing knowledge and components when building and using a cloud infrastructure. He also looked into the operational considerations, tool requirements, and behavioral changes required for private cloud storage s...
Working with Big Data is challenging, especially when decision makers depend on market insights and intelligence from your data but don't have quick access to it or find it unusable. In their session at 6th Big Data Expo, Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia; Zel Bianco, President, CEO and Co-Founder of Interactive Edge of Solgenia; and Ermanno Bonifazi, CEO & Founder at Solgenia, discussed how a revolutionary cloud-based BI along with mobile analytics is already c...
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager – Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, will review next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discuss how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Speaker Bios Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has b...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In this session, James Kirkland, Red Hat's Chief Architect for the ...
While there are hundreds of public and private cloud hosting providers to choose from, not all clouds are created equal. If you’re seeking to host enterprise-level mission-critical applications, where Cloud Security is a primary concern, WHOA.com is setting new standards for cloud hosting, and has established itself as a major contender in the marketplace. We are constantly seeking ways to innovate and leverage state-of-the-art technologies. In his session at 16th Cloud Expo, Mike Rivera, Seni...
Hardware will never be more valuable than on the day it hits your loading dock. Each day new servers are not deployed to production the business is losing money. While Moore's Law is typically cited to explain the exponential density growth of chips, a critical consequence of this is rapid depreciation of servers. The hardware for clustered systems (e.g., Hadoop, OpenStack) tends to be significant capital expenses. In his session at Big Data Expo, Mason Katz, CTO and co-founder of StackIQ, disc...
There is no question that the cloud is where businesses want to host data. Until recently hypervisor virtualization was the most widely used method in cloud computing. Recently virtual containers have been gaining in popularity, and for good reason. In the debate between virtual machines and containers, the latter have been seen as the new kid on the block – and like other emerging technology have had some initial shortcomings. However, the container space has evolved drastically since coming on...