Zynga (ZNGA) has been under a strong bear grip, hence the stock is down -6.07% 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 1.41% in the past 1 week. The stock has risen by 0.75% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.27% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.91% and the fifty day Moving Average is 0.58%. Zynga, Inc. is up 3.46% in the last three month period. Year-to-Date the stock performance stands at 0.37%.
Zynga (ZNGA) : The most positive equity analysts on Zynga (ZNGA) expects the shares to touch $5, whereas, the least positive believes that the stock will trade at $3 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $3.32 with an expected fluctuation of $0.83 from the mean.
Zynga (NASDAQ:ZNGA): stock turned positive on Friday. Though the stock opened at $2.64, the bulls momentum made the stock top out at $2.71 level for the day. The stock recorded a low of $2.64 and closed the trading day at $2.69, in the green by 1.89%. The total traded volume for the day was 16,597,974. The stock had closed at $2.64 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.