Electronic Arts Inc. (NASDAQ:EA) popped in on a high volume red day. Volume on 04-Dec-18 came in at 5.05 million contracts. The daily trading volume has averaged 4.89 million shares a day in past 3 months. The first sale was made at $83.44 but later the stock became weaker, and closed with a fall of -3.36%. It was last traded at $81.18 apiece.Electronic Arts Inc. (EA): Outperform Candidate With 54.57% Upside Potential
Electronic Arts Inc. is maintained at an average outperform rating by 28 stock analysts, and there are at least 2.41% of shares outstanding that are currently legally short sold. The shares went down by -12.2% in value last month. Year-to-date it plunged -22.73%. Analysts are turning out to be more optimistic than before, with 22 of analysts who cover Electronic Arts Inc. (NASDAQ:EA) advice adding it to buy candidate list. Wall Street experts also assign a $125.48 price target on Electronic Arts Inc., pointing towards a 54.57% rally from current levels. The stock is trading for about -46.33% less than its 52-week high.
Electronic Arts Inc. (EA) remained successful in beating the consensus-estimated $0.58 as it actually earned $0.86 per share in its last reported financial results. Revenue, on the other hand, scored 57.93% growth from the previous quarter, coming up with $1.18 billion.EA Retreats -4.54% In A Week
This company shares (EA) so far managed to recover 0.95% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 3.68% while shortening the period to a week, volatility was 3.27%. The share price has yet to cross its 20 days moving average, floating at a distance of -6.67% and sits -17.63% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -4.54% losses and is down by -33.14% compared with its 200-day moving average of $120.26. Also, Electronic Arts Inc. (EA) needs to overturn a -19.49% decrease it experienced over the past twelve months.
As regular trading ended, Apple Inc. (AAPL) stock brought in a -$8.13 drop to $176.69. The day started at a price of $180.95 but then traded as high as $182.3899 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2. Apple Inc. is given 16 buy-equivalent recommendations, 0 sells and 16 holds. The company shares sank -24.32% from their peak of $233.47 and now has a $843.02 billion market value of equity.
AAPL’s mean recommendation on Reuter’s scale improved from 1.9 thirty days ago to 2 now, which indicates a hold consensus from the analyst community. They see Apple Inc. (AAPL) price hitting a mean target of $231.32 a share, meaning the stock still has potential that could lift the price another 30.92% . Also, the recent close suggests the stock is underpriced by 69.79% compared to the most bullish target.
The company had seen its current volume reaching at 41.06 million shares in the last trade. That compares with the recent volume average of 38.61 million. At the close of regular trading, its last week’s stock price volatility was 2.74% which for the month reaches 2.78%. Apple Inc. dipped to as low as $176.27 throughout the day and has returned 4.41% in this year. At one point in the past year, the shares traded as low as $150.24 but has recovered 17.61% since then.