Electronic Arts (EA) has risen sharply, recording gains of 0.59% in the past 4 weeks. However, the stock has corrected -0.01% in the past 1 week, providing a good buying opportunity on dips. Electronic Arts (EA) has been under a strong bear grip, hence the stock is down -2.68% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.05% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.96% and the 50-Day Moving Average is 0.69%. Electronic Arts Inc. is up 23.4% in the last 3-month period. Year-to-Date the stock performance stands at 11.06%.
Electronic Arts (NASDAQ:EA): stock turned positive on Friday. Though the stock opened at $76.48, the bulls momentum made the stock top out at $76.53 level for the day. The stock recorded a low of $75.78 and closed the trading day at $76.32, in the green by 0.05%. The total traded volume for the day was 2,911,113. The stock had closed at $76.28 in the previous days trading.
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.