Mix Cap Volatile Mover: Energizer Holdings (NYSE:ENR), Take-Two Interactive Software (NASDAQ:TTWO)

Energizer Holdings, Inc. (NYSE:ENR) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 3.25% to $52.11. Energizer Holdings Inc. (ENR) declared fiscal first-quarter profit of $95.6 million. The St. Louis-based Company said it had net income of $1.52 per share. Earnings, adjusted for restructuring gains, were $1.51 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share. The battery and personal care products company posted revenue of $559.6 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $530 million.

Energizer expects full-year earnings in the range of $2.55 to $2.75 per share. The share price of ENR attracts active investors, as stock price of week volatility recorded 2.59%. The stock is going forward to its 52-week low with 71.56% and lagging behind from its 52-week high price with -1.30%.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.32% to close at $54.36 with the total traded volume of 1.75 Million shares. Take-Two (TTWO) acquired that Social Point S.L. for $250 million in cash and stock, plus earn-out potential. The firm has acquired privately-held Social Point S.L. for $250 million, comprised of $175 million in cash and 1,480,168 unregistered shares of its common stock, plus potential earn-out consideration of up to an aggregate of $25.9 million in cash and shares of its common stock.

The cash portion was funded from its cash on hand. Social Point is a free-to-play mobile game developer. For the trailing 12-months ended December 31, 2016, Social Point generated net revenue of $90.8 million and EBITDA of $19.9 million. For the trailing 12-months ended December 31, 2016, Social Point generated net revenue of $90.8 million and EBITDA of $19.9 million. Its price to sales ratio ended at 3.09. TTWO attains analyst recommendation of 2.00 with week’s performance of 0.89%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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