The Nasdaq Stock Market ended the session with Zynga jumping 4.39% to $9.52 on Wednesday, after four sequential sessions in a row of gains. The Nasdaq Stock Market jumped 0.5% to $12,658.20, after two consecutive sessions in a row of gains, on what was a somewhat positive trend trading session today.
Zynga today’s close was $9.52, 12.29% under its 52-week high of $10.69.
Zynga’s sales growth is 56% for the current quarter and 55.1% for the next. The company’s growth estimates for the current quarter and the next is 12.5% and 50%, respectively.
Year-on-year quarterly revenue growth grew by 45.8%, now sitting on 1.76B for the twelve trailing months.
Zynga’s Stock Top and Bottom Yearly Value
Zynga’s stock is valued at $9.52 at 17:40 EST, way under its 52-week high of $10.69 and way above its 52-week low of $5.65.
Zynga’s Moving Average
Zynga’s value is way higher than its 50-day moving average of $8.59 and above its 200-day moving average of $9.13.
Previous days news about Zynga
Zynga to put words with friends-style game on google nest devices in bid to lure nongamers. According to Bloomberg Quint on Mon Dec 14, "Zynga Inc., whose games are typically played on mobile phones and tablets, is jumping onto a new platform: Google Nest Hub and other Google Assistant-connected devices.", "It’s just the latest attempt by Zynga to broaden its appeal. "
Zynga stock gains after wells fargo upgrade. According to MarketWatch on Tue Dec 15, "Shares of Zynga Inc. are up 2.5% in Tuesday morning trading after Wells Fargo analyst Brian Fitzgerald upgraded the stock to overweight from equal weight. ", "Zynga’s stock has declined 9.7% since Nov. 4, when Zynga last reported quarterly earnings. "