Electronic Arts (EA) has risen sharply, recording gains of 6.41% in the past 4 weeks. However, the stock has corrected -0.67% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 6.63% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.41% and the fifty day Moving Average is 4.94%. Electronic Arts Inc. is up 7.28% in the last three month period. Year-to-Date the stock performance stands at 18.18%.
Electronic Arts (EA) has been rated by 13 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $105 and the lowest price target forecast is $64. The average forecast of all the analysts is $85.9 and the expected standard deviation is $8.98.
Electronic Arts (NASDAQ:EA): On Fridays trading session , Opening price of the stock was $81.2 with an intraday high of $81.51. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $80.02. However, the stock managed to close at $81.21, a loss of 0.42% for the day. On the previous day, the stock had closed at $81.55. The total traded volume of the day was 3,037,767 shares.
Electronic Arts Inc is a game software content and services provider. The Company develops, markets, publishes and distributes game software content for consumers of various video game machines and electronic devices. It also provides game software-related services. The Companys brands include Battlefield, Mass Effect, Need for Speed, Dragon Age, The Sims, Bejeweled and Plants v. Zombies, as well as brands based on licensed intellectual property such as FIFA, Madden NFL and Star Wars. The Company is organized around three divisions: EA Studios, Maxis and EA Mobile. The EA Studios division develops games and related content and services across a range of game categories, including the FIFA, Madden NFL, Need for Speed, Battlefield, Mass Effect and Dragon Age. The Maxis division creates games, and related content and services that engage player creativity. The EA Mobile division focuses on developing and publishing interactive games for mobile phones and tablets.