Shares of Zynga rose 4.85% to $9.13 at 14:22 EST on Tuesday, after three consecutive sessions in a row of gains. The Nasdaq Stock Market is rising 0.8% to $12,539.00, following yesterday’s upward trend, This seems, as yet, a somewhat positive trend exchanging session today.
Zynga’s last close was $8.71, 17.09% under its 52-week high of $10.69.
News about Zynga today
Zynga stock gains after wells fargo upgrade. According to today’s article on MarketWatch, "” 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. ", "Fitzgerald is upbeat about Zynga’s vertically integrated advertising network, its broader portfolio of franchises that will enable the company to allocate advertising spending toward areas with the greatest returns on investment, and an expansion of the business beyond the mobile platform. "
Zynga’s sales growth is 55.9% for the ongoing quarter and 55.1% for the next.
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 $9.13 at 14:22 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 worth is higher than its 50-day moving average of $8.59 and below 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. ", "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."