In the most recent trading period, shares of Zynga Inc. (NASDAQ:ZNGA) have seen a change of +1.40%. In the period, the stock has touched a high of $2.92 and reached a low of $2.87. Looking at a wider view of stock performance, shares have range traded from $1.78 – 3.04 in the previous 52 week period. After a recent check, shares were seen $-0.15 off the 52 week high of $3.04, or -4.93%. On the fip side, shares have been noted $1.11 away from the 52 week low of $1.78, or +62.36%. Let’s also examine the stock price relative to its 50 day moving average.
Shares have been recently noted at +1.53% away from the 50 day moving average of $2.85. Keeping an eye on the stock price relative to its moving averages may be useful when trying to figure out share movement in the future. When the stock is trading above the moving average, the moving average might offer a level of support. When the stock is trading below a moving average, the average may provide a level of resistance.
It may be helpful to follow analyst views on company stock. Covering analysts issue reports which often provide stock target prices. The company currently has a target price of $3.21. This consensus target price includes projections from analysts polled by First Call.
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