Electronic Arts (EA) : Traders are bullish on Electronic Arts (EA) as it has outperformed the S&P 500 by a wide margin of 3.48% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.24%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.79% in the last 1 week, and is up 1.38% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.33% and the 50-Day Moving Average is 4.44%.The 200 Day SMA reached 17.41% Electronic Arts Inc. is up 11.23% in the last 3-month period. Year-to-Date the stock performance stands at 20.62%.
Electronic Arts (EA) : 13 investment research analysts covering Electronic Arts (EA) have an average price target of $86.2 for the near short term. The highest target price given by the Brokerage Firm to the stock is $105 and the lowest target is $64 for the short term. Analysts expect the variance to be within $8.94 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Electronic Arts (NASDAQ:EA): stock was range-bound between the intraday low of $82.16 and the intraday high of $83.36 after having opened at $83.26 on Fridays session. The stock finally closed in the red at $83.26, a loss of -0.58%. The stock remained in the red for the whole trading day. The total traded volume was 3,732,351 shares. The stock failed to cross $83.36 in Fridays trading. The stocks closing price on Thursday was $83.37.
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.