Shares of Zynga rose 3.51% to $9.44 at 14:53 EST on Wednesday, after four successive sessions in a row of gains. The Nasdaq Stock Market is rising 0.22% to $12,622.60, after two consecutive sessions in a row of gains. This seems, so far, a somewhat positive trend exchanging session today.
Zynga’s last close was $9.12, 13.24% 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 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 $9.44 at 14:53 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 above 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, "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.", "That’s given a lift to Zynga’s shares, which are up 42% this year."
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. "