Activision Blizzard, Incs in-depth stock price analysis indicates that the stock price has rallied 23.03% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 15.06% . Looking at the past 52 week period, the stock price is up at 67.96% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Activision Blizzard, Inc has a positive value of 6.71 compared to overall market. Activision Blizzard, Inc (NASDAQ:ATVI) has climbed 18.05% in the past week and advanced 21.26% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 17.09% and the outperformance has advanced to 19.09% for the last 4 weeks period.
Activision Blizzard, Inc (NASDAQ:ATVI) : On Friday heightened volatility was witnessed in Activision Blizzard, Inc (NASDAQ:ATVI) which led to swings in the share price. The stock opened for trading at $45 and hit $47.639 on the upside , eventually ending the session at $47.23, with a gain of 18.88% or 7.5 points. The heightened volatility saw the trading volume jump to 51,703,513 shares. The 52-week high of the share price is $47.639 and the company has a market cap of $35,102 million. The 52-week low of the share price is at $26.49 .
Activision Blizzard Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.65 EPS for the quarter, missing the analyst consensus estimate by $ -0.10. Analyst had a consensus of $0.75. The company had revenue of $2452.00 million for the quarter, compared to analysts expectations of $2372.08 million. The companys revenue was up 81.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Activision Blizzard was Reiterated by Stifel to Buy on Feb 10, 2017. Company shares were Reiterated by The Benchmark Company on Feb 3, 2017 to Buy, Raises Price Target to $ 53.90 from a previous price target of $50.87 .Activision Blizzard was Reiterated by Mizuho on Jan 13, 2017 to Buy, Lowers Price Target to $ 45 from a previous price target of $48 .Activision Blizzard was Reiterated by Stifel on Dec 14, 2016 to Buy, Lowers Price Target to $ 45 from a previous price target of $46 .
Company has reported several Insider transactions to the SEC, on Nov 18, 2016, Riccardo Zacconi (Chief Executive Officer, King) sold 19,761 shares at 40.11 per share price.On Sep 16, 2016, Thomas Tippl (Chief Operating Officer) sold 75,000 shares at 43.76 per share price.On Sep 16, 2016, Robert J Morgado (director) sold 29,999 shares at 43.60 per share price.
ACTIVISION BLIZZARD, INC. is a worldwide pure-play online and console game publisher with leading market positions across all categories of the rapidly growing interactive entertainment software industry. Activision Blizzards portfolio includes best-selling video games such as Guitar Hero, Call of Duty, and Tony Hawk, as well as Spider-Man, X-Men, Shrek, James Bond and TRANSFORMERS, leading franchises such as Crash Bandicoot and Spyro and Blizzard Entertainments StarCraft, Diablo, and Warcraft franchises including the global number one subscription-based massively multi-player online role-playing game, World of Warcraft. Activision Blizzard maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, Norway, Denmark, the Netherlands, Romania, Australia, Chile, India, Japan, China, the region of Taiwan and South Korea.