Shares of Zynga Inc. (ZNGA) Sees Large Outflow of Money

Zynga Inc. (ZNGA) managed to stay afloat and traded higher with an addition of 0.01 point or 0.18% at $2.85. The money flow data is a negative $(-1.64) million with $0.37 million in upticks and $2.01 million in downticks. The intraday up/down ratio came in at 0.18. The shares has seen 0.89% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $1.67, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-1.67) million.

Based on the Stock Research reports from financial advisors, there are 4 Analysts recommending as a Strong Buy, Investors should also note that 4 Stock brokerage firms are recommending to Hold the stock for short term. 1 Stock Research experts are recommending to Sell based on the growth. Thursdays trading session turned out to be a no-profit no-loss event for Zynga Inc. (NASDAQ:ZNGA). The opening trade occurred at $2.73 and the highest and the lowest points of the day were $2.86 and $2.73 respectively. The final trade was registered at $2.84 and the volume by the end of the day had touched 6,819,996 shares. The 52-week high of the stock is $3.08 and the 52-week low is $2.13. According to the current valuation, the market cap of the company is $2,493 million and the total number of shares available in public circulation is 877,938,860.

Zynga Inc. is the worlds largest social game developer with users playing their games which include CityVille, FarmVille, FrontierVille, Words With Friends, Mafia Wars, Zynga Poker, Cafe World, and Treasure Isle. Zynga Inc. games are available on a number of global platforms including Facebook, MySpace, Yahoo, the iPad, the iPhone and Android devices. They operate their games as live services, by which they mean that they continue to support and update games after launch and gather daily, metrics-based player feedback that enable them to continually enhance their games by adding new content and features. All of their games are free to play, and they generate revenue through the in-game sale of virtual goods and advertising.


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