Pre-Market Technical Scan on Entertainment Equities -- AMC Networks, CBS Corp., Comcast, and Lions Gate
NEW YORK, April 19, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on AMCX, CBS, CMCSA, and LGF-A which can be accessed for free by signing up to www.wallstequities.com/registration. Today's pre-market research on WallStEquities.com is focused on the Entertainment industry, which is a constantly evolving group, with prospects in certain subsectors being much better than in others. Revenue trends in certain core segments, including broadcast television and radio, tend to vary with consumers' and advertisers' preferences towards new forms of media. Lined up for review are four stocks in the Diversified Entertainment space, and they are: AMC Networks Inc. (NASDAQ: AMCX), CBS Corp. (NYSE: CBS), Comcast Corp. (NASDAQ: CMCSA), and Lions Gate Entertainment Corp. (NYSE: LGF-A). All you have to do is sign up today for this free limited time offer by clicking the link below.
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AMC Networks
On Wednesday, shares in New York headquartered AMC Networks Inc. recorded a trading volume of 519,919 shares. The stock ended the session 0.44% lower at $51.97. The Company's shares have gained 4.53% in the last month and 1.19% over the previous three months. The stock is trading 0.96% above its 50-day moving average. Moreover, shares of AMC Networks, which owns and operates various cable television's brands delivering content to audiences, and a platform to distributors and advertisers in the US and internationally, have a Relative Strength Index (RSI) of 53.80.
On April 05th, 2018, AMC Networks announced that it will issue a press release reporting its Q1 2018 results on May 10th, 2018, prior to the market opening. The Company will host a conference call at 8:30 a.m. ET that same day to discuss its results. The conference call will be webcast live under the "Investors" heading of the Company's website. Get the full research report on AMCX for free by clicking below at: www.wallstequities.com/registration/?symbol=AMCX
CBS Corp.
New York headquartered CBS Corp.'s stock closed the day 0.06% higher at $51.17 with a total trading volume of 1.07 million shares. The Company's shares have advanced 0.71% in the past month. The stock is trading 2.79% below its 50-day moving average. Additionally, shares of CBS, which operates as a mass media company worldwide, have an RSI of 45.40. Free research on CBS can be accessed at: www.wallstequities.com/registration/?symbol=CBS
Comcast
Shares in Philadelphia, Pennsylvania headquartered Comcast Corp. recorded a trading volume of 22.87 million shares. The stock ended yesterday's trading session flat at $33.27. The Company's shares are trading below their 50-day moving average by 8.05%. Furthermore, shares of Comcast, which operates as a media and technology company worldwide, have an RSI of 36.37.
On April 06th, 2018, research firm Pivotal Research Group reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $52 a share to $48 a share.
On April 17th, 2018, Comcast Cable, one of the primary businesses of Comcast, announced that it is launching a new internet service that will deliver speeds up to 1 Gigabit-per-second to residential and business customers in Vermont. These speeds will be among the fastest and most widely available and will include access to the US' largest Wi-Fi network of more than 19 million hotspots. The Company plans to launch 1 Gig service to the majority of its service areas in Vermont throughout 2018. Visit WallStEquities.com now and sign up for the free research on CMCSA at: www.wallstequities.com/registration/?symbol=CMCSA
Lions Gate Entertainment
Santa Monica, California headquartered Lions Gate Entertainment Corp.'s stock finished Wednesday's session 0.86% lower at $26.45 with a total trading volume of 423,003 shares. The Company's shares have advanced 2.52% over the past year. The stock is trading below its 50-day moving average by 5.19%. Additionally, shares of Lions Gate, which engages in motion picture production and distribution, television programming and syndication, home entertainment, interactive ventures and games, and location-based entertainment in Canada, the US, and internationally, have an RSI of 47.13.
On April 12th, 2018, Lions Gate has signed a first-look producing deal with Salma Hayek Pinault, one of the industry's premier multi-hyphenates, along with her producing partner Jose "Pepe" Tamez. Under the agreement, Hayek Pinault and Tamez will produce feature films for the Company under Hayek Pinault's Ventanarosa Productions banner. The free technical report on LGF-A is available at: www.wallstequities.com/registration/?symbol=LGF-A
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