Zynga (ZNGA) Earns Daily Media Impact Rating of 0.23

Cornelia Mascio
Mag 20, 2017

As of April 28th, there was short interest totalling 18,813,318 shares, a drop of 5.7% from the April 13th total of 19,955,005 shares.

The Relative Volume of the company is 0.83 and Average Volume (3 months) is 9.4 million.

(ZNGA) has a trading volume of 7.83 Million shares, with an average trading volume of 13730 shares - with shares dropping to a 52 week low of $2.27, and the company's shares hitting a 52 week high of $ 3.52. The stock's market cap is $3.01 billion. The firm's 50-day moving average price is $2.98 and its 200-day moving average price is $2.79. Zynga has a one year low of $2.27 and a one year high of $3.52.

Zynga (NASDAQ:ZNGA) last issued its quarterly earnings results on Thursday, May 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). The firm had revenue of $194.30 million for the quarter, compared to analyst estimates of $188.14 million. Zynga had a negative net margin of 14.59% and a negative return on equity of 5.96%.

Now the shares of Zynga, Inc. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Frank D. Gibeau sold 167,440 shares of the firm's stock in a transaction dated Thursday, March 16th. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Following the completion of the sale, the chief executive officer now owns 1,115,834 shares in the company, valued at $3,046,226.82. The disclosure for this sale can be found here. Market Capitalization if basically the market value of the company's shares outstanding. Insiders own 16.60% of the company's stock. HighTower Advisors LLC acquired a new position in shares of Zynga during the first quarter valued at about $116,000. Clinton Group Inc. raised its position in shares of Zynga by 0.7% in the first quarter. Salem Investment Counselors Inc. now owns 851,375 shares of the company's stock valued at $2,426,000 after buying an additional 20,325 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of Zynga by 11.7% in the first quarter. Credit Suisse AG boosted its position in Zynga by 92.9% in the first quarter. Raging Capital Management LLC purchased a new position in shares of Zynga during the fourth quarter worth approximately $29,251,000. Institutional investors and hedge funds own 60.68% of the company's stock.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Zynga, Inc. the EPS stands at 0.02 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.01, suggesting the stock exceeded the analysts' expectations. Bank of America Corp raised their price target on Zynga from $2.50 to $3.25 in a report on Monday. Jefferies Group LLC reaffirmed a buy rating and set a $5.00 price target on shares of Zynga in a research note on Friday, May 5th. Finally, Canaccord Genuity reissued a "hold" rating and issued a $3.00 price objective on shares of Zynga in a research report on Friday, May 5th. Mizuho reiterated a buy rating and set a $3.20 target price (down previously from $3.50) on shares of Zynga in a research report on Thursday, February 16th.

Piper Jaffray Companies restated their hold rating on shares of Zynga Inc (NASDAQ:ZNGA) in a research report sent to investors on Monday, StockTargetPrices.com reports. Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Outstanding shares refer to a company's stock now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE