Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Electronic Arts ( EA) pushed the Computer Software & Services industry higher today making it today's featured computer software & services winner. The industry as a whole closed the day down 1.5%. By the end of trading, Electronic Arts rose $0.63 (2.6%) to $24.47 on average volume. Throughout the day, 8,026,863 shares of Electronic Arts exchanged hands as compared to its average daily volume of 5,625,500 shares. The stock ranged in a price between $23.73-$24.58 after having opened the day at $23.98 as compared to the previous trading day's close of $23.84. Other companies within the Computer Software & Services industry that increased today were: Shanda Games ( GAME), up 15.0%, Sungame ( SGMZ), up 9.7%, CounterPath Corporation ( CPAH), up 7.0% and Image Sensing Systems ( ISNS), up 6.5%.
Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, tablets and electronic readers, and the Internet. Electronic Arts has a market cap of $7.4 billion and is part of the technology sector. The company has a P/E ratio of 33.6, above the S&P 500 P/E ratio of 17.7. Shares are up 3.9% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Electronic Arts a buy, no analysts rate it a sell, and 7 rate it a hold. TheStreet Ratings rates Electronic Arts as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and compelling growth in net income. However, as a counter to these strengths, we find that revenues have generally been declining.