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Zynga Stock Is 2% Up So Far On Friday

Via News Editorial Team

December 18, 2020

Zynga Stock Is 2% Up So Far On Friday

Shares of Zynga jumped 2.76% to $9.88 at 14:44 EST on Friday, after five consecutive sessions in a row of gains. The Nasdaq Stock Market is dropping 0.37% to $12,717.30, after four sequential sessions in a row of gains. This seems, so far, a somewhat negative trend trading session today.

Zynga's last close was $9.61, 8.20% below its 52-week high of $10.69.

Zynga's Sales

Zynga's sales growth is 56% for the current 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.

Zynga's Revenue

Year-on-year quarterly revenue growth grew by 45.8%, now sitting on 1.76B for the twelve trailing months.

Zynga's Stock Yearly Top and Bottom Value

Zynga's stock is valued at $9.88 at 14:44 EST, under its 52-week high of $10.69 and way higher than its 52-week low of $5.65.

Zynga's Moving Average

Zynga's worth is way above its 50-day moving average of $8.59 and above its 200-day moving average of $9.14.

Previous days news about Zynga

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. ", "" We think shares of Zynga present a favorable risk/reward in light of a new, more detailed strategic vision of organic growth, which CEO Gibeau recently articulated," he wrote in a note to clients. "