Zynga Inc (ZNGA)

[Trevor11]

ZNGA: 865,000,000 MILLION SHARES,OWNED BY INVESTORS,ZYNGA,ABOVE,SMA,LINES,SIGNIFY,STRENGTH...PRICE,HIGHER.






A HIGH TARGET PRICE OF $5.

NUMBER OF SHARES CURRENTLY OWNED BY INVESTORS ARE 865.69 MLN.

THE CURRENT PRICE IS STAYING ABOVE THE SMA LINES WHICH SIGNIFY STRENGTH AND IS GENERALLY HEALTHY/POSITIVE AND MAY PROVIDE THE MOMENTUM FOR DRIVING THE SHARE PRICE HIGHER.





TECH STOCKS MOVING ON HIGH VOLUME: ZYNGA, INC. (NASDAQ:ZNGA), OCLARO, INC. (NASDAQ:OCLR)
BY
RODOLFO PAGE
-
AUGUST 30, 2016



ZYNGA, INC. (NASDAQ:ZNGA) SHARES ENDED AT $2.77 WITH 15.4 MLN SHARES EXCHANGING HANDS. THAT PUTS THE MARKET CAPITALIZATION AT $2.4 BLN.

It opened the session with a $2.67 price tag, later ranging from $2.64 to $2.79, the range at which the stock has traded at throughout the day. The stock stands nearly -8.28% off versus the 52-week high and 55.62% away from the 52-week low. THE NUMBER OF SHARES CURRENTLY OWNED BY INVESTORS ARE 865.69 MLN.

Sell-side analyst recommendations point to a short term price TARGET OF $3.17 ON THE SHARES OF ZYNGA, INC. (ZNGA). The consensus rating is 2.8, suggesting the market has given up on the stock. It has been assigned a low target price of $2.5 and A HIGH TARGET PRICE OF $5.

THE CURRENT PRICE IS STAYING ABOVE THE SMA LINES WHICH SIGNIFY STRENGTH AND IS GENERALLY HEALTHY/POSITIVE AND MAY PROVIDE THE MOMENTUM FOR DRIVING THE SHARE PRICE HIGHER. Current price places the company’s STOCK 11.42% AWAY FROM ITS 200-DAY SIMPLE MOVING AVERAGE, 2.26%, away from the 50-day average and also 1.34% away from 20-day average.

FOR THIS YEAR, ZYNGA, INC. (NASDAQ:ZNGA) IS PERFORMING 3.36%....



Source:
thewellesleysnews.com/2016/08/30/tech-stocks-moving-on-high-volume-zynga-inc-nasdaqznga-oclaro-inc-nasdaqoclr/