Electronic Arts, Inc (NASDAQ:EA) shares, rose in value, with the stock price down by -1.94% to the previous day’s close as strong demand from buyers drove the stock to $144.03.
Actively observing the price movement in the recent trading, the stock is buoying the session at $146.88. The PE ratio was 34.00 over 12-month period. Referring to stock’s 52-week performance, its high was $168.50, and the low was $115.21. On the whole, EA has fluctuated by -1.33% over the past month.
With the market capitalization of Electronic Arts, Inc currently standing at about $36.12 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.76, with its dividend yield at 0.53%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EA’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.62, with the price of EA currently trading nearly -4.01% and -1.31% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.40, while the 7-day volatility ratio is showing 1.33% which for the 30-day chart, stands at 1.57%. Furthermore, Electronic Arts, Inc (EA)’s beta value is 0.72, and its average true range (ATR) is 3.18.
A comparison of Electronic Arts, Inc (EA) with its peers suggests the former has fared considerably weaker in the market. EA showed an intraday change of -1.94% in today’s session so far, and over the past year, it grew by 6.64%%.
Data on historical trading for Electronic Arts, Inc (NASDAQ:EA) indicates that the trading volumes over the past 3 months, they’ve averaged 3.45 million. According to company’s latest data on outstanding shares, there are 252.31 million shares outstanding.
Nearly 9.74% of Electronic Arts, Inc’s shares belong to company insiders and institutional investors own 89.00% of the company’s shares. The stock has fallen by -1.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EA stock heading into the next quarter.
