ZNGA: SETTING UP A MORE MEANINGFUL MOVE IN STOCK PRICE, WALL STREET ANALYSTS RECOMMEND BUY OR STRONGLY BUY
INVESTORS ARE DEFINITELY PAYING ATTENTION
TO WHAT ANALYSTS OVER AT WALL STREET ARE CURRENTLY THINKING ABOUT THE SHARES OF ZYNGA INC.
WALL STREET ANALYSTS RECOMMEND EITHER BUY OR STRONGLY BUY FOR THE STOCK
SHARES OWNED BY INSTITUTIONAL OWNERS ARE 80.70%.
AN INCREASE IN VOLUME MEANS MORE MARKET AWARENESS FOR THE COMPANY,
POTENTIALLY SETTING UP A MORE MEANINGFUL MOVE IN STOCK PRICE.
EXAMINING FRESH SIGNALS: CLEVELAND-CLIFFS INC. (CLF), ZYNGA INC. (ZNGA)
BY
KEVEN DEERING
-
NOVEMBER 28, 2017
Looking at the price activity of the stock of Zynga Inc. (ZNGA), recently, we noticed that its shares were trading at regions closer to $4.17. When it comes to research, investors have several tools available to them to make it easy. Investors will study the current price of a stock and compare it with its 52-week high and low levels. Over the course of a year, the highest point for this stock was at $4.15 while the lowest price during that same timeframe was $2.40. Investors will be keenly interested in the stock and whether it can gather momentum during the coming weeks.
Analyzing the price activity of some previous stock, we were able to note that the shares have shifted by 62.26% since the year began. Narrowing our focus to the previous 1 month, the shares have been up by 11.80%. In the last 5 trading days, the stock had increased by 5.84% while in the past three months, the overall change in the stock is 24.39%.
The current stock price range of ZNGA is $4.03 and $4.18. This pivot point is used by investors to indicate the current trend. The pivot is considered to be the average of data like close, low, and high of the previous trading session. At the moment, the stock of Intel has a standard deviation of 0.11. The standard deviation is used to know how far the current data is away from the mean of a given set of data. In financial situations, the standard deviation is used for the annual rate of return in order aid in measuring the volatility of a certain investment. Studying the standard deviation helps investors to identify the stocks that are about to make a major move.
INVESTORS ARE DEFINITELY PAYING ATTENTION TO WHAT ANALYSTS OVER AT WALL STREET ARE CURRENTLY THINKING ABOUT THE SHARES OF ZYNGA INC. LOOKING FURTHER INTO THE CURRENT AGREEMENT ON BROKER RATING, IT IS VERY CLEAR THAT THE ABR STANDS AT 4.00 . This simple numeric scale reads 1 to 5, and it changes brokerage firm Moderate Sell recommendations into an average broker rating. When the number is low (usually 1-2), it implies that the recommendation is to Buy. A READING OF 6 RECOMMENDS THAT YOU HOLD and finally that of recommends that you Sell. AT THE MOMENT, 9 WALL STREET ANALYSTS RECOMMEND EITHER BUY OR STRONGLY BUY FOR THE STOCK.
Source:
financialqz.com/2017/11/28/examining-fresh-signals-cleveland-cliffs-inc-clf-zynga-inc-znga/
The Street Point
STOCKS TO TRACK ZYNGA INC. (NASDAQ:ZNGA) A MULTIMEDIA & GRAPHICS SOFTWARE COMPANY
NOVEMBER 28, 2017 - BY TSP STAFF
IN THE CURRENT SESSION, ZYNGA INC. (NASDAQ: ZNGA) HAS BECAME ATTENTION SEEKER FROM THE INQUISITOR WHEN IT EXPERIENCED A CHANGE OF 1.20% Whereas, in LAST 21 TRADING DAYS WAS 11.80% and moved UP IN LAST 63 TRADING DAYS OF 14.88%. Looking further out we can see that THE STOCK HAS MOVED 62.26% OVER THE YEAR TO DATE. Along with these its last twelve month performance is stands at 44.79% while moved 15.83% for the past six months according to Finviz reported data.
ANALYTICAL SIGNIFICANCE OF SIMPLE MOVING AVERAGE
The SMA200 of the stock is at 22.83%,
SMA20 is 7.72%,
while SMA50 is 9.56%.
ZNGA’s relative volume is 2.00. Relative volume is a great indicator to keep a close eye on, but like most indicators it works best in conjunction with other indicators and on different time frames. HIGHER RELATIVE VOLUME YOU WILL HAVE MORE LIQUIDITY IN THE STOCK WHICH WILL TIGHTEN SPREADS AND ALLOW YOU TO TRADE WITH MORE SIZE WITHOUT A TON OF SLIPPAGE.
ZNGA’s overall volume in the last trading session was 7,142,528 shares.
Important Technical Indicators to keep in Focus:-
A statistical measure of the dispersion of returns (volatility) for ZNGA producing salvation in Investors mouth, it has week volatility of 2.80% and for the month booked as 3.18%. Regardless of which metric you utilize, a firm understanding of the concept of volatility and how it is measured is essential to successful investing. A stock that maintains a relatively stable price has low volatility. When investing in a volatile security, the risk of success is increased just as much as the risk of failure. Zynga Inc.’s beta is 0.74 whilst the stock has an average true range (ATR) of 0.12. Other technical indicators are worth considering in assessing the prospects for EQT. RSI for instance is currently at 69.89.
It is common practice for investors to use the price-to-earnings ratio (P/E ratio or price multiple) to determine if a company’s stock price is over or undervalued. Companies with a high P/E ratio are typically growth stocks. However, their relatively high multiples do not necessarily mean their stocks are overpriced and not good buys for the long term. The PEG ratio shows us that, when compare to the beer company, the always-popular tech company doesn’t have the growth rate to justify its higher P/E, and its stock price appears overvalued. Zynga Inc.’s currently has a PEG ratio of 0 where as its P/E ratio is 0. The company P/S (price to Sales) ratio is 4.41, P/B (price to Book) ratio is 2.22, while its P/C (price to Cash) ratio stands at 4.68.
Should You Go With High Insider Ownership?
Many value investors look for stocks with a high percent of insider ownership, under the theory that when management are shareholders, they will act in its own self interest, and create shareholder value in the long-term. This aligns the interests of shareholders with management, thus benefiting everyone. While this sounds great in theory, high insider ownership can actually lead to the opposite result, a management team that is unaccountable because they can keep their jobs under almost any circumstance. Currently Zynga Inc. (NASDAQ:ZNGA)’s SHARES OWNED BY INSIDERS ARE 0.50%, whereas SHARES OWNED BY INSTITUTIONAL OWNERS ARE 80.70%.
Source:
http://www.thestreetpoint.com/2017/11/28/stocks-to-track-zynga-inc-nasdaqznga-a-multimedia-graphics-software-company/
ZYNGA INC. (ZNGA) MOVES HIGHER ON VOLUME SPIKE FOR NOVEMBER 28
EQUITIES STAFF FOLLOW | TUESDAY, 28 NOVEMBER 2017 17:18 (EST)
MARKET SUMMARY
Follow
Zynga Inc. is a Provider of social game services
Last Price$ 4.28 Last TradeNov/28 - 16:00
Change$ 0.11 Change Percent2.64 %
Open$ 4.17 Prev Close$ 4.17
High$ 4.30 low$ 4.10
52 Week High$ 4.30 52 Week Low$ 2.40
Market Cap3,725,927,665 PE Ratio2.29
Volume24,487,746 ExchangeNGS
ZNGA - Market Data & News
ZNGA - Stock Valuation Report
Trade
ZYNGA INC. (ZNGA) TRADED ON UNUSUALLY HIGH VOLUME ON NOV. 28, AS THE STOCK GAINED 2.64% TO CLOSE AT $4.28. ON THE DAY, ZYNGA INC. SAW 23.56 MILLION SHARES TRADE HANDS ON 39,620 TRADES. Considering that the stock averages ONLY A DAILY VOLUME OF 10.14 MILLION SHARES A DAY over the last month, this represents a pretty significant bump in volume over the norm.
Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. AN INCREASE IN VOLUME MEANS MORE MARKET AWARENESS FOR THE COMPANY, POTENTIALLY SETTING UP A MORE MEANINGFUL MOVE IN STOCK PRICE. THE ADDED VOLUME ALSO PROVIDES A LEVEL OF SUPPORT AND STABILITY FOR PRICE ADVANCES.
The stock has traded between $4.18 and $2.40 over the last 52-weeks, its 50-day SMA is now $3.85, and its 200-day SMA $3.42. Zynga Inc. has a P/B ratio of 2.29.
Zynga Inc is engaged in developing, marketing and operating social games as live services played on mobile platforms, such as iOS and Android, and social networking sites, such as Facebook.
Headquartered in San Francisco, CA, Zynga Inc. has 1,681 employees and is currently under the leadership of CEO Frank Gibeau.
For a complete fundamental analysis analysis of Zynga Inc., check out Equities.com’s Stock Valuation Analysis report for ZNGA.
Source:
https://www.equities.com/news/zynga-inc-znga-moves-higher-on-volume-spike-for-november-28
SHORT SELLERS EXPIRING FRIDAY DECEMBER 1, 2017
( SEE BELOW )
CALLS FOR DECEMBER 1, 2017
Contract Name Last Trade Date Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility
ZNGA171201C00004000 2017-11-17 3:30PM EST 4.00 0.06 0.04 0.06 +0.02 +50.00% 30 314 22.66%
ZNGA171201C00005000 2017-11-17 11:53PM EST 5.00 0.02 0.00 0.02 0.00 - 133 70 71.88%
PUTS FOR DECEMBER 1, 2017
Contract Name Last Trade Date Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility
ZNGA171201P00003500 2017-11-14 10:10AM EST 3.50 0.02 0.00 0.43 0.00 - 50 320 153.91%
ZNGA171201P00004000 2017-11-17 12:31PM EST 4.00 0.15 0.11 0.15 -0.01 -6.25% 50 83 50.00%
ZNGA171201P00005000 2017-11-17 11:53PM EST 5.00 1.09 1.03 1.19 0.00 - 2 50 132.81
CALLS FOR DECEMBER 8, 2017
Contract Name Last Trade Date Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility
ZNGA171208C00003000 2017-11-10 11:48PM EST 3.00 1.29 0.85 0.93 0.00 - 1 1 0.00%
ZNGA171208C00004000 2017-11-17 11:53PM EST 4.00 0.08 0.06 0.10 0.00 - 30 0 24.61%
PUTS FOR DECEMBER 8, 2017
Contract Name Last Trade Date Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility
ZNGA171208P00004000 2017-11-10 11:49PM EST 4.00 0.22 0.18 0.22 0.00 - 55 55 57.42%
ZNGA171208P00004500 2017-11-10 11:49PM EST 4.50 0.29 0.53 0.89 0.00 - 10 0 110.94%
CALLS FOR DECEMBER 15, 2017
Contract Name Last Trade Date Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility
ZNGA171215C00001000 2017-09-15 10:45PM EST 1.00 2.81 2.88 3.55 0.00 - 5 5 540.63%
ZNGA171215C00001500 2017-06-16 10:58PM EST 1.50 2.07 2.39 2.93 0.00 - 1 0 352.34%
ZNGA171215C00002000 2017-06-02 10:47PM EST 2.00 1.56 1.88 1.96 0.00 - 800 492 0.00%
ZNGA171215C00002500 2017-09-19 2:16PM EST 2.50 1.41 1.40 1.47 0.00 - 4 4 0.00%
ZNGA171215C00003000 2017-11-13 1:31PM EST 3.00 0.86 0.91 0.98 0.00 - 11 925 0.00%
ZNGA171215C00003500 2017-11-17 3:44PM EST 3.50 0.45 0.43 0.51 -0.01 -2.17% 65 1,275 36.72%
ZNGA171215C00004000 2017-11-20 9:30AM EST 4.00 0.10 0.09 0.11 0.00 - 1 4,501 26.56%
ZNGA171215C00004500 2017-11-16 10:05AM EST 4.50 0.01 0.00 0.02 0.00 - 100 3,471 35.94%
ZNGA171215C00005000 2017-11-17 2:10PM EST 5.00 0.01 0.00 0.02 -0.01 -50.00% 30 508 56.25%
ZNGA171215C00005500 2017-07-21 10:49PM EST 5.50 0.03 0.00 0.07 0.00 - 175 175 82.81%
ZNGA171215C00007000 2017-07-14 10:46PM EST 7.00 0.01 0.00 0.02 0.00 - 5 5 100.00%
PUTS FOR DECEMBER 15, 2017
Contract Name Last Trade Date Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility
ZNGA171215P00002500 2017-06-02 10:47PM EST 2.50 0.10 0.00 0.05 0.00 - 1 1 114.06%
ZNGA171215P00003000 2017-10-27 2:51PM EST 3.00 0.01 0.00 0.04 -0.02 -66.67% 5 130 71.88%
ZNGA171215P00003500 2017-11-16 3:25PM EST 3.50 0.01 0.01 0.03 0.00 - 1 725 44.53%
ZNGA171215P00004000 2017-11-17 3:44PM EST 4.00 0.17 0.15 0.19 -0.02 -10.53% 26 88 44.14%
ZNGA171215P00004500 2017-11-07 2:27PM EST 4.50 0.88 0.59 0.65 0.00 - 1 2 67.19%
ZNGA171215P00005000 2017-11-10 11:49PM EST 5.00 1.08 1.05 1.10 0.00 - 10 10 79.69%
ZNGA171215P00005500 2017-10-16 2:38PM EST 5.50 1.70 1.47 1.62 0.00 - 1 1 85.94%
Source:
https://ca.finance.yahoo.com/quote/ZNGA/options?ltr=1
