• Return to Headlines

Recent 52-Week High Exceeded in Shares of Electronic Arts (EA)

By James Quinn

Shares of Electronic Arts (NASDAQ:EA) traded today at $96.49, breaking its 52-week high. So far today approximately 873,000 shares have been exchanged, as compared to an average 30-day volume of 2.7 million shares.

Electronic Arts (NASDAQ:EA) is currently priced 2.3% above its average consensus analyst price target of $93.90. The stock should find initial support at its 200-day moving average (MA) of $67.41 and further support at its 50-day MA of $64.61.

Electronic Arts Inc. develops, publishes, and distributes branded interactive entertainment software worldwide for video game consoles, personal computers, handheld game players, and cellular handsets. The Company also provides online game-related services.

Electronic Arts share prices have moved between a 52-week high of $96.49 and a 52-week low of $53.01 and are now trading 81% above that low price at $96.06 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Electronic Arts on January 27th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $82.56. Since that recommendation, shares of Electronic Arts have risen 16.0%. We continue to monitor EA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows Electronic Arts

Ticker(s): EA