Zynga Inc. (NASDAQ: ZNGA) went up by 0.65% from its latest closing price when compared to the 1-year high value of $6.28, while ZNGA stocks collected +4.88% of gains with the last five trading sessions.
Zynga Inc. (NASDAQ: ZNGA) Worth an Investment?
Zynga Inc. (NASDAQ: ZNGA) The 36 Months beta value for ZNGA stocks is at 0.42, while 12 of the analysts out of 18 who provided ratings for Zynga Inc. stocks as a “buy” while 1 as overweight, 4 rated it as hold and 1 as sell. The average price we get from analysts is $6.84 which is $0.66 above current price. ZNGA currently has a short float of 4.84% and public float of 855.12M with average trading volume of 16.15M shares.
ZNGA Market Performance
ZNGA stocks went up by 4.88% for the week, with the monthly jump of 16.23% and a quarterly performance of 25.10%, while its annual performance rate touched 53.07%. The simple moving average for the period of the last 20 days is 8.17% for ZNGA stocks with the simple moving average of 40.78% for the last 200 days.
Analysts’ Opinion on Zynga Inc. (NASDAQ: ZNGA)
Many brokerage firms have already submitted their reports for ZNGA stocks, with Robert W. Baird repeating the rating for ZNGA shares by setting it to “Outperform”. The predicted price for ZNGA socks in the upcoming period according to Robert W. Baird is $8 based on the research report published on May 2, 2019.
The Benchmark Company, on the other hand, stated in their research note that they expect to see ZNGA stock at the price of $8, previously predicting the value of $5. The rating they have provided for ZNGA stocks is “Buy” according to the report published on May 2, 2019.
Goldman gave “Buy” rating to ZNGA stocks, setting the target price at $5.30 in the report published on January 30, 2019.
ZNGA Stocks 13.19% Far from 50 Day Moving Average
After a stumble in the market that brought ZNGA to its low price for the period of the last 52 weeks, Zynga Inc. was unable to take a rebound, for now settling with -0.80% of loss for the given period.
The stock volatility was left at 3.54%, however, within the period of a single month, the volatility rate increased by 3.10%, while the shares surge at the distance of +18.67% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +21.44% upper at the present time.
In the course of the last 5 trading sessions, ZNGA went up by +4.88%, which changed the moving average for the period of 200 days to the total of +62.24% of gains for the stock in comparison to the 20-day moving average settled at $5.81. In addition, Zynga Inc. saw 58.52% in overturn over the period of a single year with a tendency to cut further gains.
ZNGA Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Zynga Inc. (ZNGA), starting from Bromberg Matthew S, who sold 41,500 shares at the price of $6.11 back on May 15. After this action, Rushing now owns 637,227 shares of Zynga Inc., valued at $253,565 with the latest closing price.
PINCUS MARK J, the Director of Zynga Inc., sold 587,005 shares at the value of $5.50 during a trade that took place back on Apr 26, which means that PINCUS MARK J is holding 37,993,655 shares at the value of $3,228,528 based on the most recent closing price.
ZNGA Stock Fundamentals
The current profitability levels are settled at +1.04 for the present operating margin and +66.42 for gross margin. The net margin for Zynga Inc. stands at +1.70. Total capital return value is set at 0.57, while invested capital returns managed to touch 0.95. Equity return holds the value -7.30%, with -5.40% for asset returns.
Based on Zynga Inc. (ZNGA), the company’s capital structure generated 6.26 points for debt to equity in total, while total debt to capital is set at the value of 5.89.
EBITDA value lies at -37.35 M with total debt to EBITDA carrying the value of 1.94. The value for Enterprise to Sales is 5.23 with debt to enterprise value settled at 0.03. The receivables turnover for Zynga Inc. is 9.29 with the total asset turnover at the value of 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.56.