Electronic Arts (EA) : The highest short term price target forecast on Electronic Arts (EA) is $105 and the lowest target price is $64. A total of 14 equity analysts are currently covering the company. The average price of all the analysts is $83.83 with a standard deviation of $8.77.
Electronic Arts (EA) encountered a rise of 0.2% or 47,206 shares in the short positions. The number escalated from 21,272,775 on June 15,2016 to 21,319,981 on June 30,2016. The final interest is 7.3% of the floated stock. The days to cover figure of 7 can be arrived using the average daily exchange of 3,000,578 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, BMO Capital initiates coverage on Electronic Arts (NASDAQ:EA). The rating major has initiated the coverage with market perform rating on the shares. The rating by the firm was issued on April 27, 2016.
Electronic Arts (NASDAQ:EA): stock turned positive on Thursday. Though the stock opened at $77.89, the bulls momentum made the stock top out at $78.3 level for the day. The stock recorded a low of $76.97 and closed the trading day at $78.05, in the green by 0.55%. The total traded volume for the day was 3,203,713. The stock had closed at $77.62 in the previous days trading.
Electronic Arts Inc is a game software content and services provider. The Company develops, markets, publishes and distributes game software content for consumers of various video game machines and electronic devices. It also provides game software-related services. The Companys brands include Battlefield, Mass Effect, Need for Speed, Dragon Age, The Sims, Bejeweled and Plants v. Zombies, as well as brands based on licensed intellectual property such as FIFA, Madden NFL and Star Wars. The Company is organized around three divisions: EA Studios, Maxis and EA Mobile. The EA Studios division develops games and related content and services across a range of game categories, including the FIFA, Madden NFL, Need for Speed, Battlefield, Mass Effect and Dragon Age. The Maxis division creates games, and related content and services that engage player creativity. The EA Mobile division focuses on developing and publishing interactive games for mobile phones and tablets.