Multimedia Software Stocks under Review -- Zynga, Activision Blizzard, Electronic Arts, and Take-Two Interactive Software
NEW YORK, January 17, 2017 /PRNewswire/ --
Today's attention is directed to the Multimedia and Graphics Software industry which is engaged in the design and publishing of computer software for multimedia production, editing, and distribution; graphics and web design; and desktop and online publishing. Major products include software for visualization or simulation, digital video, imaging, and modeling or animation. In this Tuesday's pre-market research, Stock-Callers.com presents the following equities for assessment: Zynga Inc. (NASDAQ: ZNGA), Activision Blizzard Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NASDAQ: EA), and Take-Two Interactive Software Inc. (NASDAQ: TTWO). Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Zynga
Last Friday, shares in San Francisco, California headquartered Zynga Inc. ended the session 1.12% lower at $2.64. The stock recorded a trading volume of 10.33 million shares, which was above its three months average volume of 10.09 million shares. The Company's shares have advanced 2.72% since the start of this year. The stock is trading below its 200-day moving average by 2.12%. Furthermore, 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, North America, Asia, and the European Union, have a Relative Strength Index (RSI) of 44.64.
On December 23th, 2016, research firm Mizuho initiated a 'Buy' rating on the Company's stock, with a target price of $3.50 per share.
On January 12th, 2017, Zynga announced that it will report its Q4 2016 and FY16 financial results on February 09th, 2017, at approximately 1:00 p.m. PT. Zynga management will also host a live Q&A session at 2:00 p.m. PT on the same day to discuss the Company's quarterly and full-year performance. Sign up and read the free research report on ZNGA at:
http://stock-callers.com/registration/?symbol=ZNGA
Activision Blizzard
Santa Monica, California headquartered Activision Blizzard Inc.'s stock finished 0.46% lower at $38.95 with a total trading volume of 6.37 million shares. The Company's shares have gained 4.37% in the last one month and 7.86% on an YTD basis. The stock is trading above its 50-day moving average by 2.49%. Moreover, shares of Activision Blizzard, which develops and publishes online, PC, video game console, handheld, mobile, and tablet games, have an RSI of 63.87.
On January 11th, 2017, King, a leading interactive entertainment Company for the mobile world, which was acquired by Activision Blizzard in February 2016, announced the launch of Bubble Witch 3 Saga, the third installment in the popular Bubble Witch game franchise.
On January 13th, 2017, research firm Mizuho reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $48 a share to $45 a share. The complimentary research report on ATVI can be downloaded at:
http://stock-callers.com/registration/?symbol=ATVI
Electronic Arts
Shares in Redwood City, California headquartered Electronic Arts Inc. closed the day 0.94% higher at $80.35. The stock recorded a trading volume of 2.82 million shares. The Company's shares have gained 2.02% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.56% and 4.41%, respectively. Moreover, shares of Electronic Arts, which develops, markets, publishes, and distributes games, content, and services for consoles, personal computers, mobile phones, and tablets worldwide, have an RSI of 56.56.
On January 10th, 2017, Electronic Arts announced that it will release its Q3 FY17 financial results after the close of market on January 31st, 2017. The company will host a conference call to review its financial results, discuss its outlook for the future and may disclose other material developments affecting its business and/or financial performance on the same day at 2:00 pm PT. Register for free on Stock-Callers.com and access the latest report on EA at:
http://stock-callers.com/registration/?symbol=EA
Take-Two Interactive Software
New York headquartered Take-Two Interactive Software Inc.'s shares recorded a trading volume of 874,557 shares last Friday. The stock closed 1.45% higher at $51.61. The Company's shares have advanced 1.49% in the past month, 21.87% over the previous three months, and 4.71% on an YTD basis. The stock is trading 5.68% above its 50-day moving average and 21.87% above its 200-day moving average. Additionally, shares of Take-Two Interactive Software, which develops, publishes, and markets interactive entertainment solutions for consumers worldwide, have an RSI of 63.97.
On December 14th, 2016, 2K, a publishing label of Take-Two Interactive Software, announced that NBA® 2K17, the latest iteration of the top-selling and top-rated NBA video game simulation series, will host the second NBA 2K competitive gaming tournament. The NBA 2K17 All-Star Tournament is an exciting competition that will culminate during NBA All-Star weekend in February 2017.
On January 11th, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $52 a share to $59 a share. Get free access to your research report on TTWO at:
http://stock-callers.com/registration/?symbol=TTWO
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