Stocks Faring Away From Broker’s Choice: Old Dominion Freight Line (NASDAQ:ODFL), Take-Two Interactive Software (NASDAQ:TTWO)

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) [Trend Analysis] plunged reacts as active mover, shares a loss -0.62% to traded at $87.73 and the percentage gap between open changing to regular change was 0.69%. Old Dominion Freight Line Inc. (ODFL) declared that its Q4 net income of $68.5 million. On a per-share basis, the Thomasville, North Carolina-based company said it had net income of 83 cents. The results missed Wall Street expectations.

The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share. The trucking company posted revenue of $745.7 million in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $739.5 million. For the year, the company declared profit of $295.8 million, or $3.56 per share. Revenue was declared as $2.99 billion. The firm’s current ratio calculated as 1.40 for the most recent quarter. The firm past twelve months price to sales ratio was 2.43 and price to cash ratio remained 482.16. As far as the returns are concern, the return on equity was recorded as 17.30% and return on investment was 17.20% while its return on asset stayed at 11.60%. The firm has total debt to equity ratio measured as 0.11.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 1.32% to $54.36. Take-Two, (TTWO) said that it had acquired Spain’s privately-held Social Point for $250 million (roughly Rs. 1,685 crores), moving firmly into the mobile gaming world.

In a statement, the Nasdaq-listed company said it would pay $175 million (roughly Rs. 1,179 crores) in cash and the rest in Take-Two shares. Social Point is a Barcelona-based developer which specialises in games for mobiles. Founded in 2008 by two young entrepreneurs, it now employs more than 270 people. The share price of TTWO attracts active investors, as stock price of week volatility recorded 1.91%. The stock is going forward to its 52-week low with 71.70% and lagging behind from its 52-week high price with 0.30%.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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