Media Stocks under Review -- CTC Media, Central European Media Enterprises, News, Sirius XM, and CBS Outdoor Americas
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LONDON, August 6, 2014 /PRNewswire/ --
On Tuesday, August 05, 2014, the NASDAQ Composite ended at 4,352.84, down 0.71%, the Dow Jones Industrial Average finished the day 0.84% lower at 16,429.47, and the S&P 500 closed at 1,920.21, down 0.97%. The losses were broad based as all the ten sectors ended the session in negative. The S&P 500 Consumer Discretionary Sector Index ended the day at 521.91, down 0.70%, and the index has declined 3.34% in the last one month. Investor-Edge has initiated coverage on the following equities: CTC Media Inc. (NASDAQ: CTCM), Central European Media Enterprises Ltd (NASDAQ: CETV), News Corporation (NASDAQ: NWSA), Sirius XM Holdings Inc. (NASDAQ: SIRI), and CBS Outdoor Americas Inc. (NYSE: CBSO). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Tuesday, CTC Media Inc.'s stock recorded a trading volume of 0.67 million shares, lower than its three months average volume of 0.71 million shares. The stock finished the day at $9.69, down 3.00%, and registered an intraday range of $9.60 and $10.21. CTC Media Inc.'s shares have advanced 0.21% in the past three trading sessions and 11.89% in the last three months. However, the stock has declined 30.26% on YTD basis. Furthermore, the stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $10.99 is above its 50-day moving average of $10.52. Additionally, shares of CTC Media Inc. traded at a PE ratio of 8.91 and have a Relative Strength Index (RSI) of 44.83. Sign up and read the free notes on CTCM at:
http://www.Investor-Edge.com/CTCM-06Aug2014
Shares in Central European Media Enterprises Ltd fell by 3.91%, to close Tuesday's session at an intra-day low of $2.46, after oscillating between $2.46 and $2.53. The stock recorded a trading volume of 0.33 million shares, below its three months average volume of 0.58 million shares. Over the last one month and past three months, shares of Central European Media Enterprises Ltd have lost 13.07% and 8.21%, respectively. Also, from the beginning of 2014, the stock has plummeted 35.94%. The company's shares are trading below their 50-day and 200-day moving averages. The stock's 200-day moving average of $3.06 is above its 50-day moving average of $2.68. Further, Central European Media Enterprises Ltd's stock has an RSI of 47.84. The complimentary notes on CETV can be downloaded as in PDF format at:
http://www.Investor-Edge.com/CETV-06Aug2014
On Tuesday, News Corp.'s stock finished the session 1.04% lower at $17.65. A total of 2.89 million shares were traded, which was below its three months average volume of 3.11 million shares. The stock moved between $17.46 and $17.81 during the session. Over the last one month and since the start of this year, News Corp.'s shares have fallen by 3.45% and 2.05%, respectively. However, the stock has gone up 1.44% over the past three months. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $17.76 is greater than its 200-day moving average of $17.44. Shares of News Corp. traded at a PE ratio of 31.42 and have an RSI of 46.71. Register for free on Investor-Edge and access the latest research on NWSA at:
http://www.Investor-Edge.com/NWSA-06Aug2014
Sirius XM Holdings Inc.'s stock fluctuated between $3.32 and $3.38 before ending Tuesday's session up 0.90%, at $3.37. The stock reported a trading volume of 35.86 million shares, below its three months average volume of 47.67 million shares. Further, Sirius XM Holdings Inc.'s shares have declined 2.60% over the last one month and 3.44% on YTD basis. However, the stock has gained 4.33% over the past three months. The company's shares are trading below their 50-day and 200-day moving averages. The stock's 200-day moving average of $3.47 is greater than its 50-day moving average of $3.39. Moreover, shares of Sirius XM Holdings Inc. traded at a PE ratio of 42.46 and have an RSI of 43.34. The complete research on SIRI is available for free at:
http://www.Investor-Edge.com/SIRI-06Aug2014
CBS Outdoor Americas Inc.'s stock declined 0.09%, to close Tuesday's session at $33.33, after vacillating between $33.04 and $33.70. The stock recorded a trading volume of 1.44 million shares, below its three months average volume of 3.92 million shares. Over the past three trading sessions and last one month, CBS Outdoor Americas Inc.'s shares have advanced 0.12% and 3.35%, respectively. Also, over the past three months, the stock has surged 11.55%. The stock is trading above its 50-day moving average of $32.97 and has an RSI of 50.23. Free in depth research on CBSO is available at:
http://www.Investor-Edge.com/CBSO-06Aug2014
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