5 Stocks on the Roll: ZNGA, AYI, LBTYB, NIHD, CONN

PUBLISHED: Apr 03 2013 @ 12:10 | Comments (0) | More info about Ed Liston

Zynga Inc. (NASDAQ:ZNGA): The stock shot up in the current trading session to touch $3.48 level. It is currently trading at $3.44, up 11.99 percent. The company announced the launch of its new gambling games. These new games are called ZyngaPlusCasino and ZyngaPlusPoker and will be available to the players above the age of 18 year.

The company will also launch the social versions of these games on Facebook platform. Zynga touched its lowest price point for the session at $3.30 and has traded 30.898 million shares so far. Its regular trading volume stands at 34.706 million. Zynga commands $2.67 billion in market capitalization. The stock is highly volatile as it trades at beta of 3.864. It is currently trading above its 20 days moving average price and 50 days moving average price of $3.42 and $3.26 respectively, showing bullish trend. Zynga traded in the range of $2.09 and $12.90 in the past 52 weeks.

Acuity Brands Inc. (NYSE:AYI): The stock is up after the announcement of strong quarterly results. The company reported its second quarter EPS at 62 cents per share, beating consensus estimate of 61 cents per share. Its revenue also increased 6.3 percent to $486.7 million. Its gross margin for the quarter stood at 39 percent. Acuity Brands is currently trading at $74.25, up 8.79 percent from its previous close and created its new 52 weeks high price point during the session. The stock is trading below its 20 days moving average price of $73.26 but above its 50 days moving average price of $71.20. Its 52 weeks price range stands at $48.11 and $74.85. The stock is trading at the Price Earnings ratio of 28.25. Acuity Brands commands market capitalization of $3.18 billion. The stock is highly volatile as it commands beta of 1.45.

Liberty Global Inc. (NASDAQ:LBTYB): The stock is trading up and created its new 52 weeks high price point of $75.12. Liberty Global announced the acquisition of 12.65 percent stake in Ziggo. Ziggo is the largest cable operator in the Netherlands. The stock is currently trading at $75.12, up 5.14 percent. The company reported its latest EPS at -$2.40. The company stock’s beta stands at 1.60, indicating that the stock is highly volatile. Liberty Global commands the market capitalization of $19.98 billion. The stock is up 21.2 percent on YTD basis. Liberty Global bought the stake in Ziggo for 632.5 million euros, valuing the stock at 25 euros apiece. The company is already operational in the Netherlands through its subsidiary company UPC Netherlands. The acquisition is expected to be accretive for Liberty Global.

NII Holdings Inc. (NASDAQ:NIHD): It is currently trading at $4.99, up 20 percent. It is trading in the range of $4.20 and $5.15 in the current trading session. The stock is in line with its 20 days moving average price of $5.01 and 50 days moving average price of $4.74. In the past 52 weeks, the stock’s price range has been $4.11 and $19.63. The stock’s beta is 1.7, making it highly volatile. NII Holdings commands market capitalization of $2.21 billion. The stock is up on the rumors about the company selling its Peru unit. The company markets Nextel mobile phone services in Latin America region. It is rumored to be in the talks with Chile’s Empresa Nacional de Telecomunicaciones for the sale of its Peru unit. The deal is said to be worth $500 million. The companies refused to comment on the rumors. NII Holdings deals in wireless communication services. It is based out of Virginia and was established in 1995.

Conn’s Inc. (NASDAQ:CONN): The stock is trading up despite lower than expected fourth quarter financial numbers and created its new 52 weeks high price point. Conn’s Inc stock traded in the range of $38.25 and $41.36 in the current trading session and at this point is at $39.40, up 9.20 percent. The stock’s highest price point of 52 weeks stands at $41.36 while its lowest price point is at $14.40. Conn’s Inc stock is trading at Price Earnings ratio of 30.64 and its beta is 1.4. The company reported its earnings per share at 54 cents per share, narrowly missing consensus estimate of 55 cents per share. However, its revenue increased 10.4 percent to $250.3 million. The company was expected to report its revenue at $251.13 million.

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