Zynga Inc. (NASDAQ:ZNGA) went up by 0.81% from its latest closing price compared to the recent 1-year high of $10.69. The company’s stock price has collected 0.51% of gains in the last five trading sessions. Press Release reported on 12/24/20 that ADVISORY/ Black Eyed Peas Encourage Fans to #PlayApartTogether for the Holidays In Social Campaign With Zynga
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Is It Worth Investing in Zynga Inc. (NASDAQ :ZNGA) Right Now?
Plus, the 36-month beta value for ZNGA is at 0.14. Opinions of the stock are interesting as 16 analysts out of 20 who provided ratings for Zynga Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 0 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $11.80, which is $1.82 above the current price. ZNGA currently public float of 1.01B and currently shorts hold a 10.80% ratio of that float. Today, the average trading volume of ZNGA was 21.27M shares.
ZNGA’s Market Performance
ZNGA stocks went up by 0.51% for the week, with a monthly jump of 12.22% and a quarterly performance of 6.67%, while its annual performance rate touched 48.06%. The volatility ratio for the week stands at 2.56% while the volatility levels for the past 30 days are set at 2.82% for Zynga Inc.. The simple moving average for the period of the last 20 days is 4.12% for ZNGA stocks with a simple moving average of 12.70% for the last 200 days.
Analysts’ Opinion of ZNGA
Many brokerage firms have already submitted their reports for ZNGA stocks, with JP Morgan repeating the rating for ZNGA by listing it as a “Overweight.” The predicted price for ZNGA in the upcoming period, according to JP Morgan is $12 based on the research report published on December 16th of the previous year 2020.
Wells Fargo, on the other hand, stated in their research note that they expect to see ZNGA reach a price target of $12.50. The rating they have provided for ZNGA stocks is “Overweight” according to the report published on December 15th, 2020.
MKM Partners gave a rating of “Buy” to ZNGA, setting the target price at $12 in the report published on September 30th of the previous year.
ZNGA Trading at 10.90% from the 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, the company was unable to rebound, for now settling with -7.20% of loss for the given period.
Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 2.56%, as shares surge +15.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.97% upper at present.
During the last 5 trading sessions, ZNGA rose by +0.51%, which changed the moving average for the period of 200-days by +59.74% in comparison to the 20-day moving average, which settled at $9.59. In addition, Zynga Inc. saw 0.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ZNGA starting from DUGAN REGINA E, who sale 8,950 shares at the price of $9.79 back on Jan 04. After this action, DUGAN REGINA E now owns 226,269 shares of Zynga Inc., valued at $87,621 using the latest closing price.
GIBEAU FRANK D, the Chief Executive Officer of Zynga Inc., sale 500,000 shares at $9.80 during a trade that took place back on Jan 04, which means that GIBEAU FRANK D is holding 2,250,703 shares at $4,900,000 based on the most recent closing price.
Stock Fundamentals for ZNGA
Current profitability levels for the company are sitting at:
- -5.58 for the present operating margin
- +60.35 for the gross margin
The net margin for Zynga Inc. stands at +3.17. The total capital return value is set at -3.36, while invested capital returns managed to touch 1.96. Equity return is now at value -18.10, with -9.50 for asset returns.
Based on Zynga Inc. (ZNGA), the company’s capital structure generated 36.27 points at debt to equity in total, while total debt to capital is 26.62. Total debt to assets is 19.57, with long-term debt to equity ratio resting at 35.47. Finally, the long-term debt to capital ratio is 26.03.
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When we switch over and look at the enterprise to sales, we see a ratio of 4.00, with the company’s debt to enterprise value settled at 0.14. The receivables turnover for the company is 11.41 and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.
