Today’s Research Reports on Trending Tickers: Electronic Arts and Facebook

NEW YORK, NY / ACCESSWIRE / February 23, 2018 / U.S. equities recovered on Thursday with the Dow Jones and S&P 500 closing in the green. The Federal Reserve released minutes from their Wednesday meeting that suggested a higher possibility of an interest rate hike. The Dow Jones Industrial Average settled to close at 24,962.48, up by 0.66 percent, while the S&P 500 Index gained 0.10 percent to close at 2,703.96. The Nasdaq Composite Index fell 0.11 percent to close at 7,210.09.

“We’re seeing a repricing of risk, given the anticipation of inflation and higher rates, but some of that is a byproduct of an improving economy, one that’s growing faster than normal. In general, the broader economic conditions continue to improve,” said Steven Baffico, chief executive officer at Four Wood Capital Partners.

RDI Initiates Coverage on:

Electronic Arts Inc.
https://rdinvesting.com/news/?ticker=EA

Facebook, Inc.
https://rdinvesting.com/news/?ticker=FB

Electronic Arts’ stock edged 0.23% lower Thursday, to close the day at $124.61. The stock recorded a trading volume of 1,919,655 shares, which was below its three months average volume of 4,135,813 shares. In the last year, Electronic Arts’ shares have traded in a range of 85.23 – 131.01. The share price has gained 46.20% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $118.28 is greater than its 200-day moving average of $114.87. Shares of Electronic Arts are trading at a Price to Earnings ratio of 38.87. Shares of Electronic Arts have gained roughly 5.61 percent in the past month and are up 18.61 percent year-to-date.

Access RDI’s Electronic Arts Inc. Research Report at:
https://rdinvesting.com/news/?ticker=EA

On Thursday, shares of Facebook recorded a trading volume of 18,464,192 shares, which was below the three months average volume of 22,186,019 shares. The stock ended the day 0.61% higher at 178.99. The share price has gained 33.42% from its 52-week low with a 52-week trading range of 134.16 – 195.32. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $182.97 is greater than its 200-day moving average of $176.37. Shares of the company are trading at a trailing Price to Earnings ratio of 34.68. Shares of Facebook have fallen roughly 3.44 percent in the past month and are up 1.43 percent year-to-date.

Access RDI’s Facebook, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=FB

Our Actionable Research on Electronic Arts Inc. (NASDAQ:EA) and Facebook, Inc. (NASDAQ:FB) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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