Zynga (ZNGA) : During the past 4 weeks, traders have been relatively bearish on Zynga (ZNGA), hence the stock is down -5.17% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.89% relative to the S&P 500. The 4-week change in the price of the stock is -2.81% and the stock has fallen -3.48% in the past 1 week.
Zynga (NASDAQ:ZNGA): The stock opened at $2.79 on Friday but the bulls could not build on the opening and the stock topped out at $2.87 for the day. The stock traded down to $2.71 during the day, due to lack of any buying support eventually closed down at $2.77 with a loss of -6.73% for the day. The stock had closed at $2.97 on the previous day. The total traded volume was 21,046,774 shares.
The stock has recorded a 20-day Moving Average of 2.79% and the 50-Day Moving Average is 3.23%. Zynga, Inc. is up 8.63% in the last 3-month period. Year-to-Date the stock performance stands at 3.36%.
Zynga (ZNGA) : The consensus price target for Zynga (ZNGA) is $3.28 for the short term with a standard deviation of $0.79. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $5, however, the pessimist price target for the company is $3.
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.