New Lifetime High Reached: Activision Blizzard (ATVI)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Activision Blizzard ( ATVI) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Activision Blizzard as such a stock due to the following factors:

  • ATVI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $138.5 million.
  • ATVI has traded 122,659 shares today.
  • ATVI is trading at a new lifetime high.

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More details on ATVI:

Activision Blizzard, Inc. publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through three segments: Activision, Blizzard, and Distribution. The stock currently has a dividend yield of 0.9%. ATVI has a PE ratio of 23.6. Currently there are 17 analysts that rate Activision Blizzard a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Activision Blizzard has been 6.8 million shares per day over the past 30 days. Activision Blizzard has a market cap of $16.0 billion and is part of the technology sector and computer software & services industry. The stock has a beta of 1.06 and a short float of 3.7% with 2.96 days to cover. Shares are up 26.8% year-to-date as of the close of trading on Monday.

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