Shares of Zynga rose 4% to $9.48 at 11:53 EST on Wednesday, after four successive sessions in a row of gains. The Nasdaq Stock Market is rising 0.2% to $12,619.70, after two sequential sessions in a row of gains. This seems, as yet, a somewhat positive trend exchanging session today.
Zynga’s last close was $9.12, 12.76% below its 52-week high of $10.69.
Zynga’s sales growth is 56% for the present quarter and 55.1% for the next. The company’s growth estimates for the present 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 $9.48 at 11:53 EST, way below its 52-week high of $10.69 and way higher than 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, "It’s just the latest attempt by Zynga to broaden its appeal. ", "There’s a joke inside the company, Kim said: If Zynga can find new customers by putting games on a refrigerator or toaster, that’s just what it’ll do."
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. "