Zynga, Inc. (NASDAQ:ZNGA) persists its position slightly strong in context of buying side, while shares price collapsed -1.09% during latest trading session as, Zynga (ZNGA) revealed the launch of FarmVille: Tropic Escape, a spin-off FarmVille mobile experience. Set in an immersive, tropical-themed world, FarmVille: Tropic Escape lets players escape to their very own island adventure, anytime and anywhere. The game is available to download for free today on the App Store for iPhone and iPad and on Google Play for Android devices.
General Manager at Zynga, Nicole Opas stated that Since launching in 2009, FarmVille has been installed more than 700 million times, making it one of the most beloved social gaming franchises in the world. She added “We are proud to build on that legacy by giving our players a whole new way to experience FarmVille, whether they’ve been fans for over seven years or are just discovering it for the first time. Featuring fun characters, beautifully serene environments and innovative game mechanics, FarmVille: Tropic Escape gives mobile players the ability to carry a piece of paradise in their pocket daily.”
Narrow down focus to other ratios, the co has current ratio of 5.10 that indicates if ZNGA lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 5.10, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.00, sometimes its remain same with long term debt to equity ratio.
Following previous ticker characteristics, Glu Mobile, Inc. (NASDAQ:GLUU) also run on active notice, stock price eased down -0.42% after traded at $2.35 in most recent trading session.
GLUU has price to earnings ratio stands at unstated figure and the price to current year EPS stands at -172.00%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 40.00%. Moving toward ratio analysis, it has current ratio of 3.40 and quick ratio was calculated as 3.40. The debt to equity ratio appeared as 0.00 for seeing its liquidity position.
Taking notice on volatility measures, price volatility of stock was 3.21% for a week and 4.12% for a month. The price volatility’s Average True Range for 14 days was 0.09. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.40 out of 1-5 scale with week’s performance of 2.17%. GLUU’s institutional ownership was registered as 29.90%, while insider ownership was 0.90%.