Zynga (ZNGA) : Net money flow in Zynga (ZNGA) was negative ($1.58 million) and the inflow of money on uptick was $1.27 million, whereas, the outflow of money on downticks amounted to $2.84 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.45. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $0.71 million. On the other hand, the total value of block trades done on downticks was $2.34 million. The ratio of uptick to downtick block trades was 0.3. The money flow in block trades was negative ($1.63). Zynga (ZNGA) gained $0.02 cent during the day and reached $2.85, a gain of 0.53% over the previous day.
Zynga, Inc. is up 15.85% in the last 3-month period. Year-to-Date the stock performance stands at 6.34%. Shares of Zynga, Inc. rose by 2.52% in the last five trading days and 12.2% for the last 4 weeks. In a related news, The officer (General Counsel, Sec. and VP), of Zynga Inc, Shah Devang had unloaded 263,903 shares at $2.56 per share in a transaction on June 16, 2016. The total value of transaction was $675,592. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Zynga (NASDAQ:ZNGA): stock turned positive on Monday. Though the stock opened at $2.81, the bulls momentum made the stock top out at $2.88 level for the day. The stock recorded a low of $2.8 and closed the trading day at $2.85, in the green by 0.71%. The total traded volume for the day was 14,087,810. The stock had closed at $2.83 in the previous days trading.
Zynga Inc. (Zynga) is a provider of social game services. The Company develops markets and operates social games as live services played on mobile platforms, such as iOS and Android, and social networking sites, such as Facebook. The Companys games are also accessible on Zynga.com. The Company has developed online social games, such as FarmVille, Words With Friends, Zynga Poker, Hit It Rich! Slots and CSR Racing. The Company is also engaged in the sale of virtual currency that players use to buy in-game virtual goods, and mobile games. It also offers advertising services, such as Branded Virtual Goods and Sponsorships, Engagement Ads and Offers, Mobile Ads, Display Ads and Licensing of Companys brands.