Zynga Inc. (NASDAQ: ZNGA) started the day on December 27, 2021, with a price decrease of -2.13% at $6.42. During the day, the stock rose to $6.62 and sunk to $6.40 before settling in for the price of $6.56 at the close. Taking a more long-term approach, ZNGA posted a 52-week range of $5.57-$12.32.
The Communication Services sector firm’s twelve-monthly sales growth has been 20.90% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -26.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 0.00%. This publicly-traded company’s shares outstanding now amounts to $1.10 billion, simultaneously with a float of $1.05 billion. The organization now has a market capitalization sitting at $6.99 billion. At the time of writing, stock’s 50-day Moving Average stood at $6.84, while the 200-day Moving Average is $8.96.
Zynga Inc. (ZNGA) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Electronic Gaming & Multimedia Industry. Zynga Inc.’s current insider ownership accounts for 0.50%, in contrast to 81.40% institutional ownership. According to the most recent insider trade that took place on Dec 15, this organization’s Director sold 5,000 shares at the rate of 6.18, making the entire transaction reach 30,900 in total value, affecting insider ownership by 88,087. Preceding that transaction, on Nov 15, Company’s Chief People Officer sold 9,463 for 7.46, making the whole transaction’s value amount to 70,594. This particular insider is now the holder of 12,897 in total.
Zynga Inc. (ZNGA) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 6/29/2021, the organization reported $0.04 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $0.09) by -$0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
Zynga Inc.’s EPS decrease for this current 12-month fiscal period is 0.00% and is forecasted to reach 0.41 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.69% through the next 5 years, which can be compared against the -26.00% growth it accomplished over the previous five years trading on the market.
Zynga Inc. (NASDAQ: ZNGA) Trading Performance Indicators
Let’s observe the current performance indicators for Zynga Inc. (ZNGA). It’s Quick Ratio in the last reported quarter now stands at 1.30. The Stock has managed to achieve an average true range (ATR) of 0.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.57. Similarly, its price to free cash flow for trailing twelve months is now 23.93.
In the same vein, ZNGA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.08, a figure that is expected to reach 0.09 in the next quarter, and analysts are predicting that it will be 0.41 at the market close of one year from today.
Technical Analysis of Zynga Inc. (ZNGA)
If we take a close look at the recent performances of Zynga Inc. (NASDAQ: ZNGA), its last 5-days Average volume was 17.13 million that shows plunge from its year to date volume of 19.81 million. During the previous 9 days, stock’s Stochastic %D was recorded 82.03% While, its Average True Range was 0.26.
Raw Stochastic average of Zynga Inc. (ZNGA) in the period of the previous 100 days is set at 19.40%, which indicates a major fall in contrast to 56.69% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 32.16% that was lower than 38.93% volatility it exhibited in the past 100-days period.