Black Friday saving continues 🥳

Get the biggest bargains of Cyber weekend

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Zynga stock in Canada | $9.16

Own Zynga shares in just a few minutes.

Posted

Fact checked

Zynga Inc is an electronic gaming & multimedia business based in the US. Zynga shares (ZNGA.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $9.16 – the same closing value as a week prior. Zynga employs 1,883 staff and has a trailing 12-month revenue of around $1.8 billion.

How to buy shares in Zynga

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: ZNGA in this case.
  5. Research Zynga shares. The platform should provide the latest information available.
  6. Buy your Zynga shares. It's that simple.

How has Coronavirus impacted Zynga's share price?

Since the stock market crash in March caused by coronavirus, Zynga's share price has had significant positive movement.

Its last market close was $9.16, which is 22.16% up on its pre-crash value of $7.13 and 62.12% up on the lowest point reached during the March crash when the shares fell as low as $5.65.

If you had bought $1,000 worth of Zynga shares at the start of February 2020, those shares would have been worth $1,050.37 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,536.96.

Zynga share price

Use our graph to track the performance of ZNGA stocks over time.

Zynga shares at a glance

Information last updated 2020-11-25.
Latest market close $9.16
52-week range $5.65 - $10.69
50-day moving average $8.8936
200-day moving average $9.0827
Wall St. target price $11.59
PE ratio 138.7143
Dividend yield N/A (0%)
Earnings per share (TTM) $0.065

Compare online trading platforms

Name Product Available asset types Stock Fee Option Fee Account Fee ETF Transaction Cost
Questrade
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, IPOs, Precious Metals
$4.95 - $9.95
$9.95 + $1 per contract
$0
Free
Opt for self-directed investing and save on fees or get a pre-built portfolio and take some of the guesswork out.
Interactive Brokers
Stocks, Bonds, Options, Mutual Funds, ETFs, Currencies, Futures, Precious Metals
Min. $1.00, Max. 0.5% of trade value
$1.50 min. per order
$0 (if monthly commissions are equal to or greater than US$10.00)
Min. $1.00, Max. 0.5% of trade value
Access market data 24 hours a day, six days a week and invest in global stocks, options, futures, currencies, bonds and funds from one single account.
Wealthsimple Trade
Stocks, ETFs
$0
N/A
$0
Free
Buy and sell thousands of US and Canadian stocks and ETFs commission-free with Wealthsimple Trade.
loading

Compare up to 4 providers

Name Product Minimum deposit to invest Funding methods Management fee Available asset types
CI Direct Investing (formerly WealthBar)
$1,000
Direct deposit, Bank transfer
0.35% - 0.60%
Mutual Funds, ETFs
CI Direct Investing offers access to an exclusive and personalized investment portfolio. Get up to $10,000 managed free for a year when you sign up for your first CI Direct Investing account and fund your account.
Moka
$0
Automatic bank withdrawals
$3/month
ETFs
The Moka app rounds up every purchase you make to the nearest dollar and invests the spare change into low-cost exchange-traded funds (ETFs).
Justwealth
$5,000
Direct deposit, Bank transfer, Automatic bank withdrawals
0.50%
ETFs
Receive a cash bonus of $50.00-$225.00 when you open a new Justwealth account. RESP accounts require no minimum deposit to begin investing.
Wealthsimple Invest
$1
Direct deposit, Bank transfer
0.40% - 0.50%
Stocks, Bonds, ETFs, Commodities
Get a $50 bonus when you open and fund your first Wealthsimple Invest account with a minimum initial deposit of at least $500. Trade and Cash accounts are not eligible.
loading

Compare up to 4 providers

Name Product Minimum Opening Deposit Commission Available Markets Platforms
Forex.com
US$100
Minimum US$25
Forex
Metals
Commodities
Indices
Shares
Forex.com Desktop, Forex.com Web Trading, Forex.com Mobile Trading, MetaTrader 4
CFDs are leveraged products which involves greater risk than using cash resources only. You could lose all or more of your initial investment. Trade 80+ currency pairs and 220+ CFDs in equities, commodities and indices on Forex.com.
loading

Compare up to 4 providers

Is it a good time to buy Zynga stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Zynga price performance over time

Historical closes compared with the last close of $9.16

1 week (2020-11-20) 9.70%
1 month (2020-10-30) 1.89%
3 months (2020-08-28) 1.10%
6 months (2020-05-29) 0.11%
1 year (2019-11-29) 47.03%
2 years (2018-11-29) 151.65%
3 years (2017-11-29) 126.17%
5 years (2015-11-27) 249.62%

Is Zynga under- or over-valued?

Valuing Zynga stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Zynga's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Zynga's P/E ratio

Zynga's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 139x. In other words, Zynga shares trade at around 139x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Zynga's PEG ratio

Zynga's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.28. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Zynga's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Zynga's EBITDA

Zynga's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$315.9 million.

The EBITDA is a measure of a Zynga's overall financial performance and is widely used to measure a its profitability.

Zynga financials

Revenue TTM USD$1.8 billion
Operating margin TTM 11.87%
Gross profit TTM USD$797.6 million
Return on assets TTM 3%
Return on equity TTM -15.99%
Profit margin -21.55%
Book value $2.607
Market capitalisation USD$8.6 billion

TTM: trailing 12 months

How to short and sell Zynga shares

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "ZNGA.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 105.7 million Zynga shares held short by investors – that's known as Zynga's "short interest". This figure is 0.1% up from 105.6 million last month.

There are a few different ways that this level of interest in shorting Zynga shares can be evaluated.

Zynga's "short interest ratio" (SIR)

Zynga's "short interest ratio" (SIR) is the quantity of Zynga shares currently shorted divided by the average quantity of Zynga shares traded daily (recently around 23.1 million). Zynga's SIR currently stands at 4.58. In other words for every 100,000 Zynga shares traded daily on the market, roughly 4580 shares are currently held short.

However Zynga's short interest can also be evaluated against the total number of Zynga shares, or, against the total number of tradable Zynga shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Zynga's short interest could be expressed as 0.1% of the outstanding shares (for every 100,000 Zynga shares in existence, roughly 100 shares are currently held short) or 0.1048% of the tradable shares (for every 100,000 tradable Zynga shares, roughly 105 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Zynga.

Find out more about how you can short Zynga stock.

Zynga share dividends

We're not expecting Zynga to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.

Zynga share price volatility

Over the last 12 months, Zynga's shares have ranged in value from as little as $5.65 up to $10.69. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Zynga's is 0.2689. This would suggest that Zynga's shares are less volatile than average (for this exchange).

Zynga overview

Zynga Inc. develops, markets, and operates social games as live services in the United States and internationally. The company's games are played on mobile platforms, such as Apple iOS and Google's Android operating systems, as well as on social networking sites, such as Facebook and Snapchat. It also provides advertising services comprising mobile advertisements, engagement advertisements and offers, and branded virtual items and sponsorships to advertising networks, agencies, and brokers; and licenses its own brands. The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More guides on Finder

Go to site