ZNGA: SCORCHING,HOT,TECH,STOCKS,TAPE:ZYNGA,INSTITUTIONS,OWN,86.10%,$5.00,PRICE,TARGET
TECHNOLOGY
PRICE TARGET REVIEW: ZYNGA INC. (NASDAQ:ZNGA), LAM RESEARCH CORPORATION (NASDAQ:LRCX)
APRIL 13, 2016 BY ALFRED BROCK
Zynga Inc. (NASDAQ:ZNGA) started the day trading at $2.35 and exhibited higher shift of +0.85% while the stock’s buy and sell trade closed at $ 2.36. However, its previous closing price was recorded at $2.34. The stock exchanged overall volume of 12.06 million shares as compared to its average volume of 14.48 million shares.
The stock price showcased upward shift from its 50 day moving average of 2.23 and stood below from its 200 Day Moving Average of 2.37.
Beta value of the firm was registered at 1.28; beta is utilized to determine riskiness of the security. Return on investment was noted as -7.70% while return on assets was -5.50%. The stock’s INSTITUTIONAL OWNERSHIP APPEARS AT 86.10% while insider ownership holds of 0.30%.
Price target update:
The mean price target for the stock is set at $2.91 and the upmost PRICE TARGET RECOMMENDED BY THE ANALYSTS IS $5.00 while also low price target recorded at $2.00. The mean price target is measured taking look at the consensus of 15 brokerage firms.
Source:
www.wsnews4investors.com/rch-corporation-nasdaqlrcx/1726505/
10.6% STAKE OF ZYNGA INC (ZNGA) HELD BY MARK J PINCUS
POSTED BY RICK ON MAR 30TH, 2016
Mark J Pincus recently stated that they own a 10.6% stake in Zynga Inc (NASDAQ:ZNGA) in a Schedule 13G/A disclosure that was filed with the Securities and Exchange Commission on Wednesday, March 30th. The investor owns 91,331,293 shares of the stock worth approximately $203,668,783. The reporting parties listed on the disclosure included Mark J Pincus and Ogden Enterprises LLC. The disclosure is available through Edgar at this hyperlink....
Source:
www.thevistavoice.org/2016/03/30/10-6-stake-of-zynga-inc-znga-held-by-mark-j-pincus/1004737/
HOTTEST STOCKS: ZYNGA INC. (NASDAQ:ZNGA) , Activision Blizzard, Inc (NASDAQ:ATVI)
By Geoffrey McDonough on April 13, 2016 Technology
Zynga Inc. (NASDAQ:ZNGA) increased +0.85% to $2.36 while traded 12.06 million shares on 4/12/2016. The stock price negotiated for value between $2.31 to $2.39 in recent trading session...
source:
www.isstories.com/hottest-stocks-zynga-inc-nasdaqznga-activision-blizzard-inc-nasdaqatvi/873003/
STOCK MARKET, TECHNOLOGY
SCORCHING HOT TECH STOCKS TAPE: ZYNGA, INC. (ZNGA), Groupon, Inc. (GRPN)
Zynga, Inc. (ZNGA) ended last trading session with a change of 0.85 percent. It trades at an average volume of 14.54M shares versus 12.05M shares recorded at the end of last trading session. The share price of $2.36 is at a distance of 32.58 percent from its 52-week low and down -24.6 percent versus its peak. The company has a market cap of $2.11B and currently has 894.32M shares outstanding. [color=red]The share price is currently 4.26 percent versus its SMA20, 7.87 percent versus its SMA50, and -3.5 percent versus its SMA200. The stock has a weekly performance of 2.61 percent and is -11.94 percent year-to-date[/color] as of the recent close.
Zynga, Inc. (ZNGA) on April 7, 2016 announced that it will report its first quarter 2016 financial results on Wednesday, May 4, 2016, at approximately 1:00 p.m. Pacific Time (4:00 p.m. Eastern Time). Zynga management will also host a live Q&A session at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on May 4 to discuss the Company’s first quarter performance.
Zynga Inc. is a leading developer of the world’s most popular social games that are played by millions of monthly consumers. The Company has created evergreen franchises such as FarmVille, Zynga Casino and Words With Friends. Zynga’s NaturalMotion, an Oxford-based mobile game and technology developer, is the creator of hit mobile games in popular entertainment categories, including CSR Racing, CSR Classics and Clumsy Ninja. Zynga games have been played by more than 1 billion people around the world and are available on a number of global platforms including Apple iOS, Google Android, Facebook and Zynga.com. The Company is headquartered in San Francisco, Calif....
Source:
www.zergwatch.com/2016/04/13/scorching-hot-tech-stocks-tape-zynga-inc-znga-groupon-inc-grpn/
