US-based online video game maker Zynga Inc. (NASDAQ:ZNGA) which became popular after launching Farmville around three years ago is now eyeing a turnaround by releasing the once popular game for mobile. Zynga Inc. (NASDAQ:ZNGA) shares advanced 4.36% in last trading session and ended the day on $4.29. ZNGA return on equity ratio is recorded as -2.00% and its return on assets is -1.60%. Zynga Inc. (NASDAQ:ZNGA) yearly performance is 34.87%.
Morgan Stanley reaffirmed their underweight rating on shares of Renren (NASDAQ:RENN) in a report released on Wednesday, Stock Ratings Network.com reports. Morgan Stanley currently has a $2.70 price objective on the stock. Renren Inc. (NYSE:RENN) shares moved up 1.19% in last trading session and was closed at $3.39, while trading in range of $3.26 – $3.48. Renren Inc. (NYSE:RENN) year to date (YTD) performance is 11.15%.
Twitter Inc. (NYSE:TWTR) took a significant step Thursday towards broadening its advertising business by offering mobile ads urging people to install apps on its social network as well as through MoPub, the mobile-advertising network it acquired last year. Twitter Inc. (NYSE:TWTR) weekly performance is 8.88%. On last trading day company shares ended up $45.01. Twitter Inc. (NYSE:TWTR) distance from 50-day simple moving average (SMA50) is -11.60%. Analysts mean target price for the company is $50.67.
Facebook Inc. (NASDAQ:FB) will let people know when their friends are nearby via smartphone notifications, adding features for its growing base of mobile users. Facebook Inc. (NASDAQ:FB) shares after opening at $59.30 moved to $60.58 on last trade day and at the end of the day closed at $58.94. Company price to sales ratio in past twelve months was calculated as 19.20 and price to cash ratio as 13.20. Facebook Inc. (NASDAQ:FB) showed a negative weekly performance of -0.37%.
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