Software Stocks in Motion -- Research on Activision Blizzard, Electronic Arts, Glu Mobile, and Take-Two Interactive Software

LONDON, April 29, 2014 /PRNewswire/ --

The trading session on Monday, April 28, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,448.74, up 0.53% and the NASDAQ Composite closed at 4,074.40, down 0.03%. The S&P 500 finished the day 0.32% higher at 1,869.43. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day 0.94% higher at 591.43, and the index has gained 0.61% in the previous three trading sessions. Investor-Edge has initiated coverage on the following equities: Activision Blizzard Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NASDAQ: EA), Glu Mobile Inc. (NASDAQ: GLUU) and Take-Two Interactive Software Inc. (NASDAQ: TTWO). Free technical research on ATVI, EA, GLUU and TTWO can be downloaded upon signing up at:

http://www.investor-edge.com/1849-register

On Monday, shares of Activision Blizzard Inc. fluctuated between $18.89 and $19.64 before ending the session 0.67% lower at $19.33. The company's stock reported a trading volume of 6.14 million shares, below its three months average volume of 6.56 million shares. Activision Blizzard Inc.'s shares have declined 1.53% in the previous three trading sessions and 5.48% in the last one month. However, the stock has gained 8.41% from the beginning of 2014. The stock is trading below its 50-day moving average. The stock's 50-day moving average of $20.02 is above its 200-day moving average of $17.85. Activision Blizzard Inc.'s stock traded at a PE ratio of 19.25 and has a Relative Strength Index (RSI) of 44.17. Sign up today to read free research on ATVI at:

http://www.investor-edge.com/1849-ATVI-29Apr2014.pdf

Electronic Arts Inc.'s stock finished Monday's session 0.11% lower at $28.18. A total of 3.81 million shares were traded, below its three months average volume of 4.87 million shares. The stock moved between $27.85 and $28.42 during the session. Shares of the company traded at a PE ratio of 549.67. Electronic Arts Inc.'s shares have gained 13.31% over the previous three months and 22.84% on YTD basis, while the same has declined 1.23% in the last one month. The company's shares are trading below its 50-day moving average. Moreover, the stock's 50-day moving average of $28.61 is greater than its 200-day moving average of $25.87. Further, shares of the company have an RSI of 50.12. Sign up today to read free research on EA at:

http://www.investor-edge.com/1849-EA-29Apr2014.pdf

Glu Mobile Inc.'s stock declined 3.93%, to close the day at $3.91. The stock recorded a trading volume of 4.11 million shares on Monday, near its three months average volume of 4.29 million shares. The stock oscillated between $3.77 and $4.15 during the session. Over the last three trading sessions and in the past one month, Glu Mobile Inc.'s shares have fallen by 2.98% and 13.11%, respectively. However, the company's stock has gained 0.75% since the start of this year. The company's shares are trading below its 50-day moving average. Glu Mobile Inc.'s 50-day moving average of $4.73 is above its 200-day moving average of $3.58. Furthermore, the stock has an RSI of 40.48. Sign up today to read free research on GLUU at:

http://www.investor-edge.com/1849-GLUU-29Apr2014.pdf

On Monday, shares of Take-Two Interactive Software Inc. recorded a trading volume of 0.87 million shares, much below its three months average volume of 2.85 million shares. The stock ended the day 0.02% higher at $20.37, and registered an intraday range of $20.00 and $20.69. Shares of the company traded at a PE ratio of 7.06. Shares of Take-Two Interactive Software Inc. have lost 2.51% in the previous three trading sessions and 5.19% in the last one month, while the stock has surged 17.24% on YTD basis. The company's stock is trading below its 50-day moving average. Take-Two Interactive Software Inc.'s 50-day moving average of $20.68 is greater than its 200-day moving average of $18.38. Moreover, shares of the company have an RSI of 46.15. Sign up today to read free research on TTWO at:

http://www.investor-edge.com/1849-TTWO-29Apr2014.pdf

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