Shares of Zynga Inc (NASDAQ:ZNGA) receives another strong increases from investors on Wednesday on the possible for real-money gaming, other than the stock price motionless assigns relatively little value to the corporation’s core social plus mobile game commerce.
According to FactSet, at their present value about $3.50, Zynga (NYSE:ZNGA) shares trade around 1.5 times book value. While on another way, latest price of stocks is less than 30% on based on the value of its core business. However, over 70% of the stock’s value is reflected simply by the company’s assets that contain around $1.65B in cash and equivalents on the balance sheet, as well as a decent chunk of change for the value of its San Francisco headquarters.
Shares of Zynga Inc (NASDAQ:ZNGA) traded at $3.53 by increasing +14.98% with price volatility of 5.63% for a week and 4.91% for a month plus price volatility’s Average True Range for 14 days was 0.21.
Stocks after opening at $3.40 hit high price of $3.63 and on last session stock held volume of 97.84 million shares which was unexpectedly higher than its average volume of 35.43 million shares.
Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 2.92 as current ratio and on the opponent side the debt to equity ratio was 0.05 and long-term debt to equity ratio also remained 0.05. The Company had total cash at hand $1.28 billion and a book value per share as $2.34 in the most recent quarter.
While investors who viewing ZNGA against other stocks with the reference of profit margin that are Groupon Inc (NASDAQ:GRPN) having profit margin -2.19%, Baidu.com, Inc. (ADR) (NASDAQ:BIDU) with 46.59% profit margin, Youku Tudou Inc (ADR) (NYSE:YOKU) having -24.51% profit margin and Tripadvisor Inc (NASDAQ:TRIP) having profit margin of 25.50%.
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