07.07.2017 12:05:00
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Pre-Market Technical Recap on Multimedia & Graphics Software Stocks -- Zynga, Activision Blizzard, Glu Mobile, and Electronic Arts
NEW YORK, July 7, 2017 /PRNewswire/ --
If you want a Stock Review on ZNGA, ATVI, GLUU or EA then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com presents for assessment this morning the following equities: Zynga Inc. (NASDAQ: ZNGA), Activision Blizzard Inc. (NASDAQ: ATVI), Glu Mobile Inc. (NASDAQ: GLUU), and Electronic Arts Inc. (NASDAQ: EA). Multimedia and Graphics Software companies engage in the design, development, and support for a variety of multimedia productions such as graphics design, Web design, desktop and online publishing, video production, media streaming, and imaging systems. Daily Stock Tracker provides great insights on these stocks in its free research reports at:
http://dailystocktracker.com/register/
Zynga
San Francisco, California headquartered Zynga Inc.'s shares saw a decline of 2.51%, finishing Thursday's trading session at $3.50. A total volume of 14.55 million shares was traded, which was higher than their three months average volume of 13.31 million shares. In the previous three months and since the start of this year, the stock has advanced 25.90% and 36.19%, respectively. The Company's shares are trading above their 50-day and 200-day moving average by 1.81% and 19.30%, respectively. Moreover, shares of Zynga, which develops, markets, and operates social games as live services played on the Internet, social networking sites, and mobile platforms in the US and internationally, have a Relative Strength Index (RSI) of 43.23.
On June 09th, 2017, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'. Free research report on ZNGA is available at:
http://dailystocktracker.com/registration/?symbol=ZNGA
Activision Blizzard
On Thursday, shares in Santa Monica, California headquartered Activision Blizzard Inc. recorded a trading volume of 6.58 million shares, which was above their three months average volume of 6.41 million shares. The stock ended the session 0.94% lower at $56.62. The Company's shares have gained 15.08% over the previous three months and 56.80% on an YTD basis. The stock is trading 22.05% above its 200-day moving average. Furthermore, shares of Activision Blizzard, which develops and publishes games for video game consoles, personal computers (PC), mobile devices, and online social platforms, have an RSI of 42.95.
On June 29th, 2017, research firm SunTrust initiated a 'Buy' rating on the Company's stock, with a target price of $67 per share.
On June 30th, 2017, Activision Publishing, Inc., a wholly owned subsidiary of Activision Blizzard, brings Crash Bandicoot, one of the most famous game characters in history, back. Fans can play as Crash, or his sister Coco, in the three games that started it all: Crash Bandicoot™, Crash Bandicoot™ 2: Cortex Strikes Back, and Crash Bandicoot™ 3: Warped. The complimentary research report on ATVI can be downloaded at:
http://dailystocktracker.com/registration/?symbol=ATVI
Glu Mobile
Shares in San Francisco, California headquartered Glu Mobile Inc. (GLUU) closed at $2.44, down 2.40% from the last trading session. The stock recorded a trading volume of 3.75 million shares. The Company's shares have gained 8.93% over the previous three months and 25.77% since the start of this year. The stock is trading 8.35% above its 200-day moving average. Additionally, shares of Glu Mobile, which develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices, have an RSI of 39.79.
On June 20th, 2017, GLUU announced that it has entered into a multi-year agreement with WWE, a recognized leader in global entertainment, to develop a mobile game featuring WWE Superstars, logos, and marks. Currently being developed by the same studio as the Company's largest sports franchise -Tap Sports Baseball - GLUU's WWE title will include simple, one-touch gameplay mechanics with deep, meta game features. Visit DailyStockTracker.com today and access our complete research report on GLUU at:
http://dailystocktracker.com/registration/?symbol=GLUU
Electronic Arts
Redwood City, California headquartered Electronic Arts Inc.'s stock ended 0.95% lower at $105.75 with a total trading volume of 2.46 million shares. The Company's shares have advanced 19.63% over the previous three months and 34.27% on an YTD basis. The stock is trading above its 200-day moving average by 18.25%. Furthermore, shares of Electronic Arts have, which develops, markets, publishes, and distributes games, content, and services for game consoles, personal computers, mobile phones, and tablets worldwide, an RSI of 43.82.
On June 07th, 2017, research firm Morgan Stanley reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $114 a share to $126 a share.
On June 21st, 2017, Electronic Arts unveiled the first look at EA SPORTS™ NHL® 18 to hockey fans at the 2017 NHL Awards™ and NHL Expansion Draft™ presented by T-Mobile in Las Vegas, and revealed Edmonton Oilers® superstar center and Art Ross Trophy winner Connor McDavid as the athlete on the game's cover. NHL® 18 is built to deliver the speed, skill, and creativity of today's young, new NHL through Creative Attack controls and the all-new Defensive Skill stick. Visit DailyStockTracker.com to access complete research report on EA at:
http://dailystocktracker.com/registration/?symbol=EA
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