Media Equities Under Review - News Corp., Sirius XM Holdings, CTC Media, Cumulus Media, and DreamWorks Animation SKG
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LONDON, September 8, 2014 /PRNewswire/ --
On Friday, September 5, 2014, the NASDAQ Composite ended at 4,582.90, up 0.45%, the Dow Jones Industrial Average advanced 0.40%, to finish the day at 17,137.36, and the S&P 500 closed at 2,007.71, up 0.50%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 548.24, up 0.38%, with the index also advancing 4.21% in the last one month. Investor-Edge has initiated coverage on the following equities: News Corporation (NASDAQ: NWSA), Sirius XM Holdings Inc. (NASDAQ: SIRI), CTC Media Inc. (NASDAQ: CTCM), Cumulus Media Inc. (NASDAQ: CMLS), and DreamWorks Animation SKG Inc. (NASDAQ: DWA). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Friday, shares in News Corp. traded between $17.54 and $17.75 before ending the session 0.85% higher at $17.75. The stock reported a trading volume of 2.05 million shares, below its three months average volume of 3.41 million shares. Shares of the company traded at a PE ratio of 84.68. News Corp.'s shares have advanced 1.84% in the previous three trading sessions and 0.68% in the last one month. However, the stock has lost 1.50% on YTD basis. The company is trading above its 200-day moving average of $17.45. Moreover, shares of News Corp. have a Relative Strength Index (RSI) of 55.42. Sign up and read the free notes on NWSA at:
www.Investor-Edge.com/NWSA-08Sep2014
Sirius XM Holdings Inc.'s stock closed the day flat at $3.60. The stock recorded a trading volume of 21.27 million shares, much below its three months average volume of 43.45 million shares. The stock oscillated between $3.58 and $3.61 during the session. Over the last one month and over the past three months, Sirius XM Holdings Inc.'s shares have gained 6.99% each. Further, the stock has advanced 3.01% since the start of this year. The company is trading above its 50-day and 200-day moving averages. Sirius XM Holdings Inc.'s 50-day moving average of $3.47 is above its 200-day moving average of $3.44. Additionally, the stock traded at a PE ratio of 45.30 and has an RSI of 60.29. The complimentary notes on SIRI can be downloaded as in PDF format at:
www.Investor-Edge.com/SIRI-08Sep2014
On Friday, shares in CTC Media Inc. recorded a trading volume of 0.40 million shares, lower than its three months average volume of 0.65 million shares. The stock ended the day at $9.71, which was 2.00% above its previous day's closing of $9.52, and registered an intraday range of $9.54 and $9.73. Shares of the company traded at a PE ratio of 8.93. Although CTC Media Inc.'s shares have surged 7.41% in the previous three trading sessions, it has lost 0.10% in the last one month and 30.12% on YTD basis. The company is trading below its 50-day and 200-day moving averages of $10.06 and $10.65, respectively. Furthermore, shares of CTC Media Inc. have an RSI of 51.98. Register for free on Investor-Edge and access the latest research on CTCM at:
www.Investor-Edge.com/CTCM-08Sep2014
Cumulus Media Inc.'s stock declined 1.82%, to close Friday's session at $4.31, after oscillating between $4.27 and $4.45. The stock recorded a trading volume of 4.67 million shares, above its three months average volume of 2.42 million shares. Over the last three trading sessions and previous one month, Cumulus Media Inc.'s shares have lost 3.15% and 6.91%, respectively. Additionally, from the beginning of 2014, the stock has plummeted 44.24%. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $6.40 is above its 50-day moving average of $5.33. Further, Cumulus Media Inc.'s stock traded at a PE ratio of 12.77 and has an RSI of 34.19. The complete research on CMLS is available for free at:
www.Investor-Edge.com/CMLS-08Sep2014
DreamWorks Animation SKG Inc.'s stock finished Friday's session 0.02% higher at $22.91. A total of 0.98 million shares were traded, which was below its three months average volume of 1.19 million shares. The stock moved between $22.66 and $23.21 during the session. Over the last three trading sessions and the previous one month, DreamWorks Animation SKG Inc.'s shares have advanced 1.28% and 14.04%, respectively. However, from the beginning of 2014, the stock has declined 35.46%. The company is trading above its 50-day moving average of $21.97, while the 50-day moving average is below DreamWorks Animation SKG Inc.'s 200-day moving average of $27.86. The stock traded at a PE ratio of 140.61 and has an RSI of 60.97. Free in depth research on DWA is available at:
www.Investor-Edge.com/DWA-08Sep2014
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