NEW YORK, December 2, 2016 /PRNewswire/ --
For today, Stock-Callers.com has initiated coverage on the following equities: Zynga Inc. (NASDAQ: ZNGA), Activision Blizzard Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NASDAQ: EA), and Take-Two Interactive Software Inc. (NASDAQ: TTWO). These stocks belong to the Multimedia and Graphics Software industry, which is involved in the design, development, and support for a variety of multimedia productions. Companies in this category tend to offer below-average dividend yields when compared to the wider market. Learn more about these stocks by downloading their free research reports in PDF format at:
On Thursday, shares in San Francisco, California headquartered Zynga Inc. recorded a trading volume of 18.94 million shares, which was above their three months average volume of 12.19 million shares. The stock ended the day at $2.87, rising 0.35% from the last trading session. The Company's shares have advanced 2.50% in the last one month, 7.09% in the previous three months, and 7.09% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.72% and 9.75%, respectively. 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 53.60.
On November 2nd, 2016, Zynga reported Q3 2016 revenue of $182 million, down 7% compared to Q3 2015. For Q3 2016, Zynga reported bookings of $197 million, an increase of 12% compared to Q3 2015. The company reported net loss of ($42) million for Q3 2016 compared to net income of $3 million for Q3 2015. Sign up and read the free research report on ZNGA at:
Santa Monica, California headquartered Activision Blizzard Inc.'s stock saw a decline of 2.81%, finishing yesterday's session at $35.58. A total volume of 12.37 million shares was traded, which was above their three months average volume of 9.43 million shares. The Company's shares are trading below their 200-day moving average by 7.95%. Additionally, shares of Activision Blizzard, which develops and publishes online, PC, video game console, handheld, mobile, and tablet games, have an RSI of 28.20.
On November 7th, 2016, research firm The Benchmark Company reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $49.79 a share to $50.87 a share.
As per notes filed on November 25th, 2016, with the SEC, Activision Blizzard entered into an employment agreement on November 22nd, 2016, with Robert A. Kotick, the Company's CEO. The Employment Agreement is effective as of October 1st, 2016, and will expire on December 31st, 2021. Mr. Kotick will continue to receive his current base salary for the remainder of 2016 at the annual rate of $2,366,757. Beginning January 01st, 2017, Mr. Kotick's base salary will be reduced to the annual rate of $1,750,000. The complimentary research report on ATVI can be downloaded at:
Shares in Redwood City, California headquartered Electronic Arts Inc. ended Thursday's session 4.62% lower at $75.58. The stock recorded a trading volume of 4.92 million shares, which was above its three months average volume of 3.07 million shares. The Company's shares have gained 9.98% since the start of this year. The stock is trading 1.09% above its 200-day moving average. 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 37.63.
On November 2nd, 2016, research firm The Benchmark Company reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $98.54 a share to $101.25 a share.
On November 29th, 2016, Respawn Entertainment and Electronic Arts announced that this holiday's highest rated shooter, Titanfall® 2, will host a free trial of the game's full multiplayer offering. The trial will begin for EA Access and Origin Access members on November 30th, 2016 and become available for all non-EA Access and Origin Access players starting December 02nd, 2016 on Xbox One, PlayStation® 4, and Origin for PC. Register for free on Stock-Callers.com and access the latest report on EA at:
Take-Two Interactive Software
At the close, New York headquartered Take-Two Interactive Software Inc.'s stock dropped 4.06%, finishing at $47.23. A total volume of 1.66 million shares was traded. The Company's shares have gained 7.51% in the last month, 7.93% over the previous three months, and 35.56% on an YTD basis. The stock is trading 2.42% and 17.15% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Take-Two Interactive Software, which develops, publishes, and markets interactive entertainment solutions for consumers worldwide, have an RSI of 48.78. Get free access to your research report on TTWO at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-33-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA