Zynga Inc (NASDAQ:ZNGA) shares up by 1.45%


The share prices of Zynga Inc (NASDAQ:ZNGA) has gained by 1.45 percent and currently trading at $2.79 per share. The shares of the company is trading in the range of $2.73 to $2.83 per during the day. The shares Zynga Inc (NASDAQ:ZNGA) had a total market capitalization of $2.22 billion. The stock opened at $2.73 per share. The share price does not make a change in the 52 week low value $2.09 per share and 52 week high value $6.35 per share.

Across 175 countries with 240 million active users this company is a provider of social game services. Face book, Mobile platforms, and other social networks can only access the company’s games. The company’s games also operate as live services. Hidden Chronicles, Zynga Bingo, Scramble with Friends and Dream Heights these are the new games launched by the company in 2012.  Makers of the cultural hit mobile game, social game developer OMGPOP and over 35 additional social games are acquired by the company. The company earned revenue through advertising and in-game sale of virtual goods. Users can play these games freely.

International Securities Exchange (ISE) and Chicago Board Options Exchange (CBOE) includes options traders  have acquired to open 11,724 calls on ZNGA, equivalent to 1,450 puts and that resulted in a call/put volume ratio of 8.09. ZNGA has increased up a 10-day call/put volume ratio of 8.94 on the ISE, CBOE. This initiated the traders to bet more bullish than bearish. The company reached 81st percentile of its annual range. The company had an institutional investor’s shareholdings as 30 percent. Zynga Inc (NASDAQ:ZNGA) has been having a trading volume as 14.53 million. The company presently holds 794.09 million shares outstanding in the market.

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