Shares of Zynga (NASDAQ:ZNGA) Sees Large Outflow of Money

Zynga (NASDAQ:ZNGA) traded higher in the last at $2.58, gaining 0.01 points or 0.39%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-1.28) million. The composite uptick value of $3.42 million was eclipsed by the accrued downtick value of $4.7 million, thereby ensuring the up/down ratio of 0.73. For the week, the shares have posted returns of 4.88%.A block trade registered during the day has revealed $0.17 million in upticks and $1.01 million in downticks. The up/down ratio in this case turned out to be 0.17. The net money flow for the block trade was $(-0.83) million.


The stock has recorded a 20-day Moving Average of 0.19% and the 50-Day Moving Average is 2.74%. The company shares have dropped 13.18% in the past 52 Weeks. On June 26, 2015 The shares registered one year high of $3 and one year low was seen on February 11, 2016 at $1.78. The 50-day moving average is $2.56 and the 200 day moving average is recorded at $2.4. S&P 500 has rallied 1.93% during the last 52-weeks.

Zynga (NASDAQ:ZNGA): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $2.57 and $2.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $2.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $2.59, notching a gain of 0.78% for the day. The total traded volume was 13,140,183 . The stock had closed at $2.57 on the previous day.

Currently the company Insiders own 16.81% of Zynga shares according to the proxy statements. Institutional Investors own 56.03% of Zynga shares. On the companys insider trading activities,The officer (General Counsel, Sec. and VP) of Zynga Inc, Shah Devang sold 223,168 shares at $2.57 on June 16, 2016. The Insider selling transaction had a total value worth of $573,542. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Zynga Inc. (Zynga) is a provider of social game services. The Company develops markets and operates social games as live services played on mobile platforms, such as iOS and Android, and social networking sites, such as Facebook. The Companys games are also accessible on The Company has developed online social games, such as FarmVille, Words With Friends, Zynga Poker, Hit It Rich! Slots and CSR Racing. The Company is also engaged in the sale of virtual currency that players use to buy in-game virtual goods, and mobile games. It also offers advertising services, such as Branded Virtual Goods and Sponsorships, Engagement Ads and Offers, Mobile Ads, Display Ads and Licensing of Companys brands.

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