• Return to Headlines

Shares of Electronic Arts Rise Above Previous 52-Week High

By Amy Schwartz

Electronic Arts (NASDAQ:EA) traded today at a new 52-week high of $114.42. Approximately 499,000 shares have changed hands today, as compared to an average 30-day volume of 2.7 million shares.

Based on a current price of $114.38, Electronic Arts is currently 17.9% above its average consensus analyst price target of $93.90. The stock should discover initial support at its 200-day moving average (MA) of $67.41 and subsequent support at its 50-day MA of $64.61.

In the past 52 weeks, Electronic Arts share prices have been bracketed by a low of $53.01 and a high of $114.42 and are now at $114.38, 116% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.

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.

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 37.3%. 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