Market Updates on Media Equities -- Discovery Communications, Grupo Televisa, Sinclair Broadcast, NYSE Times, and AMC Networks
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LONDON, January 7, 2015 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Discovery Communications Inc. (NASDAQ: DISCA), Grupo Televisa SAB (NYSE: TV), Sinclair Broadcast Group Inc. (NASDAQ: SBGI), The New York Times Company (NYSE: NYT), and AMC Networks Inc. (NASDAQ: AMCX). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Tuesday, January 06, 2015, the NASDAQ Composite ended at 4,592.74, down 1.29%, the Dow Jones Industrial Average edged 0.74% lower, to finish the day at 17,371.64, and the S&P 500 closed at 2,002.61, down 0.89%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Consumer Discretionary Sector Index ended the day at 552.05, down 0.94%, while the index has advanced 4.53% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
On Tuesday, shares in Discovery Communications Inc. fluctuated between $31.93 and $33.13 before ending the session 3.27% lower at $31.98. The stock reported a trading volume of 3.87 million shares, above its three months average volume of 3.68 million shares. Shares of the company traded at a PE ratio of 18.80. Discovery Communications Inc.'s shares have declined 7.17% in the previous three trading sessions, 5.86% in the last one month and 28.43% in last one year. The company is trading below its 50-day and 200-day moving averages of $34.36 and $38.62, respectively. Moreover, shares of Discovery Communications Inc. have a Relative Strength Index (RSI) of 40.27. Sign up and read the free notes on DISCA at:
http://get.Investor-Edge.com/pdf/?c=Discovery%20Communications&d=07-Jan-2015&s=DISCA
Grupo Televisa S.A.B's stock edged 0.33% lower, to close the day at $32.74. The stock recorded a trading volume of 1.68 million shares, above its three months average volume of 1.37 million shares. The stock oscillated between $32.35 and $33.40 during the session. Over the last three trading sessions and over the past three months, Grupo Televisa S.A.B 's shares have fallen by 3.88% and 4.88%, respectively. However, the stock has gained 10.09% in the previous year. The company is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $34.97 is above its 200-day moving average of $34.53. Additionally, Grupo Televisa S.A.B has an RSI of 37.62. The complimentary notes on TV can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Grupo%20Televisa&d=07-Jan-2015&s=TV
On Tuesday, shares in Sinclair Broadcast Group Inc. recorded a trading volume of 1.08 million shares, higher than its three months average volume of 0.98 million shares. The stock ended the day at $25.62, which was 1.54% below its previous day's closing of $26.02, and registered an intraday range of $25.06 and $26.37. Shares of the company traded at a PE ratio of 16.93. Although Sinclair Broadcast Group Inc.'s shares have advanced 0.39% in the previous three months, it has lost 6.36% in the previous three trading sessions and 29.50% in the past one year. The company is trading below its 50-day and 200-day moving averages of $27.63 and $28.90, respectively. Furthermore, shares of Sinclair Broadcast Group Inc. have an RSI of 39.35. Register for free on Investor-Edge and access the latest research on SBGI at:
http://get.Investor-Edge.com/pdf/?c=Sinclair%20Broadcast&d=07-Jan-2015&s=SBGI
The New York Times Co.'s stock lost 3.31%, to close Tuesday's session at $12.27, after oscillating between $12.18 and $12.73. The stock recorded a trading volume of 0.54 million shares, below its three months average volume of 0.85 million shares. Over the last one month and the previous three months, The New York Times Co.'s shares have fallen by 4.96% and 2.00%, respectively. Additionally, the stock has declined 20.07% in the last one year. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $13.87 is above its 50-day moving average of $13.02. Further, The New York Times Co.'s stock traded at a PE ratio of 43.77 and has an RSI of 41.37. The complete research on NYT is available for free at:
http://get.Investor-Edge.com/pdf/?c=NYSE%20Times&d=07-Jan-2015&s=NYT
AMC Networks Inc.'s stock finished Tuesday's session 1.66% lower at $61.66. A total of 0.71 million shares were traded, which was close to its three months average volume of 0.66 million shares. The stock moved between $61.01 and $63.30 during the session. Over the previous three months, AMC Networks Inc.'s shares have gained 8.73%. However, the stock has declined 2.06% in the past one month and 6.58% in the last one year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $62.40 is greater than its 50-day moving average of $61.87. AMC Networks Inc.'s stock traded at a PE ratio of 16.45 and has an RSI of 50.92. Free in depth research on AMCX is available at:
http://get.Investor-Edge.com/pdf/?c=AMC%20Networks&d=07-Jan-2015&s=AMCX
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