- ATVI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $185.0 million.
- ATVI has traded 19.1 million shares today.
- ATVI is trading at 2.99 times the normal volume for the stock at this time of day.
- ATVI crossed above its 200-day simple moving average.
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EXCLUSIVE OFFER: Get the inside scoop on opportunities in ATVI with the Ticky from Trade-Ideas. See the FREE profile for ATVI NOW at Trade-IdeasMore 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 1%. ATVI has a PE ratio of 23.3. Currently there are 18 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 8.7 million shares per day over the past 30 days. Activision Blizzard has a market cap of $14.4 billion and is part of the technology sector and computer software & services industry. The stock has a beta of 1.57 and a short float of 3.2% with 1.65 days to cover. Shares are up 9.8% year-to-date as of the close of trading on Wednesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Activision Blizzard as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.
Highlights from the ratings report include:
- ATVI's revenue growth trails the industry average of 28.1%. Since the same quarter one year prior, revenues slightly increased by 9.0%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- ATVI's debt-to-equity ratio of 0.62 is somewhat low overall, but it is high when compared to the industry average, implying that the management of the debt levels should be evaluated further. Despite the fact that ATVI's debt-to-equity ratio is mixed in its results, the company's quick ratio of 2.14 is high and demonstrates strong liquidity.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. When compared to other companies in the Software industry and the overall market, ACTIVISION BLIZZARD INC's return on equity is below that of both the industry average and the S&P 500.
- Net operating cash flow has significantly decreased to -$145.00 million or 190.00% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- You can view the full Activision Blizzard Ratings Report.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.