Media Stocks Under Review - News Corp., Sirius XM Holdings, Cumulus Media, DreamWorks Animation SKG, and Lions Gate Entertainment
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LONDON, October 22, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: News Corporation (NASDAQ: NWSA), Sirius XM Holdings Inc. (NASDAQ: SIRI), Cumulus Media Inc. (NASDAQ: CMLS), DreamWorks Animation SKG Inc. (NASDAQ: DWA), and Lions Gate Entertainment Corporation (NYSE: LGF). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Tuesday, October 21, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 16,614.81, up 1.31% and the NASDAQ Composite closed at 4,419.48, up 2.40%. The S&P 500 finished the session 1.96% higher at 1,941.28. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day at 523.80, up 1.88%, with the index advancing 4.42% in the previous three trading sessions. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
News Corp.'s stock surged 3.42%, to close the day at $15.41. The stock recorded a trading volume of 4.52 million shares, above its three months average volume of 3.80 million shares. The company's shares oscillated between $15.00 and $15.47 during the session. Over the last three trading sessions, News Corp.'s shares have gained 5.55%. However, the stock has lost 10.51% over the past one month and 14.48% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $17.23 is above its 50-day moving average of $16.71. Additionally, the stock traded at a PE ratio of 24.88 and has a Relative Strength Index (RSI) of 32.74. Sign up and read the free notes on NWSA at:
www.Investor-Edge.com/NWSA-22Oct2014
On Tuesday, shares in Sirius XM Holdings Inc. recorded a trading volume of 15.67 million shares, much below its three months average volume of 40.41 million shares. The stock ended the day at $3.38, which was 1.50% above its previous day's closing of $3.33, and registered an intraday range of $3.32 and $3.39. Shares of the company traded at a PE ratio of 42.59. Although Sirius XM Holdings Inc.'s stock has advanced 3.21% in the previous three trading sessions, it has fallen by 5.32% in the last one month and 3.15% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $3.49 and $3.42, respectively. Furthermore, shares of Sirius XM Holdings Inc. have an RSI of 44.35. The complimentary notes on SIRI can be downloaded as in PDF format at:
www.Investor-Edge.com/SIRI-22Oct2014
Cumulus Media Inc.'s stock gained 2.11% to end Tuesday's session at $3.88. The stock recorded a trading volume of 2.98 million shares, below its three months average volume of 3.12 million shares. The company's shares fluctuated between $3.75 and $3.93 during the session. Shares of the company traded at a PE ratio of 11.73. Cumulus Media Inc.'s shares have declined 49.81% since the beginning of 2014. Further, the stock has lost 7.84% last one month and 32.29% over the previous three months. The stock is trading below its 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $5.89 is above its 50-day moving average of $4.11. Cumulus Cumulus Media Inc.'s shares have an RSI of 51.46. Register for free on Investor-Edge and access the latest research on CMLS at:
www.Investor-Edge.com/CMLS-22Oct2014
On Tuesday, shares in DreamWorks Animation SKG Inc. fluctuated between $21.84 and $22.71 before ending the session 2.84% higher at $22.43. The stock reported a trading volume of 1.06 million shares, lower than its three months average volume of 1.72 million shares. Shares of the company traded at a PE ratio of 137.66. DreamWorks Animation SKG Inc.'s shares have gained 10.60% in the previous three trading sessions, while the stock has lost 4.80% in the last one month, and 36.82% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $22.59 and $26.21, respectively. Moreover, shares of DreamWorks Animation SKG Inc. have an RSI of 45.63. The complete research on DWA is available for free at:
www.Investor-Edge.com/DWA-22Oct2014
Lions Gate Entertainment Corp.'s stock finished Tuesday's session 2.39% higher at $30.79. A total of 0.89 million shares were traded, which was below its three months average volume of 1.11 million shares. The stock vacillated between $30.31 and $30.91during the session. Over the last one month and over the previous three months, Lions Gate Entertainment Corp.'s shares have fallen by 9.23% and 3.69%, respectively. However, the stock has advanced 2.06% in the previous three trading sessions. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $32.21 is greater than its 200-day moving average of $29.85. Lions Gate Entertainment Corp.'s stock traded at a PE ratio of 20.10 and has an RSI of 39.25. Free in depth research on LGF is available at:
www.Investor-Edge.com/LGF-22Oct2014
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