Shares of Electronic Arts are trading up 2.9% to $15.52 today on above average volume. Today's volume of 9.3 million shares tops the average 30-day volume of 5.2 million shares. Spikes in volume can validate a breakout or signify a potential turning point.
In the past 52 weeks, Electronic Arts share prices have been bracketed by a low of $10.77 and a high of $26.13 and are now at $15.52, 44% above that low price. The 200-day and 50-day moving averages have moved 0.11% lower and 0.88% higher over the past week, respectively.
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 has overhead space with shares priced $15.52, or 1.5% below the average consensus analyst price target of $15.76. The stock should find initial support at its 50-day moving average (MA) of $14.50 and further support at its 200-day MA of $13.55.
