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Zynga Inc (NASDAQ:ZNGA) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has downgraded Zynga Inc (NASDAQ:ZNGA) to Hold in a statement released on Friday July 07, 2017.

Having a price of $3.57, Zynga Inc (NASDAQ:ZNGA) traded 0.28% higher on the day. With the last stock price up 14.97% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. ZNGA has recorded a 50-day average of $3.66 and a two hundred day average of $3.16. Trade Volume was down over the average, with 7,401,851 shares of ZNGA changing hands under the typical 13,091,000

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Zynga Inc has with a one year low of $2.40 and a one year high of $3.86 and has a market capitalization of $0.

A total of 15 brokerages have issued a ratings update on Zynga Inc. Two firms rating the stock a strong buy, 2 firms rating the stock a buy, 11 firms rating the stock a hold, three equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $3.02.

More About Zynga Inc (NASDAQ:ZNGA)

Zynga Inc. is a provider of social game services. The Company develops, markets and operates social games as live services played on mobile platforms, such as iPhone Operating System (iOS) operating system and Android operating system and social networking sites, such as Facebook. The Company has developed a range of social games, including games in its Slots, Words With Friends, Zynga Poker and FarmVille franchises. It operates its games as live services and updates them with new features. It analyzes the data generated by its players' game play and social interactions to guide the creation of new content and features. The Company operates its games as live services that are available anytime and anywhere. The Company invests in game categories, including Social Casino, Casual, Action Strategy and Invest Express. Social Casino includes Zynga Poker and its Slots games, such as Hit It Rich! Slots, Wizard of Oz Slots, Willy Wonka and the Chocolate Factory Slots, and Black Diamond Casino.

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