Pre-Market Technical Scan on Entertainment Equities -- Time Warner, Twenty-First Century Fox, Viacom, and World Wrestling Entertainment
NEW YORK, March 28, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on TWX, FOX, VIAB, and WWE which can be accessed for free by signing up to www.wallstequities.com/registration. On Tuesday, March 27, 2018, US markets saw broad based losses with eight out of nine sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 7,008.81, down 2.93%; the Dow Jones Industrial Average edged 1.43% lower, to finish at 23,857.71; and the S&P 500 closed at 2,612.62, down 1.73%. This Wednesday morning, WallStEquities.com looks at the performance of these four Entertainment - Diversified stocks: Time Warner Inc. (NYSE: TWX), Twenty-First Century Fox Inc. (NASDAQ: FOX), Viacom Inc. (NASDAQ: VIAB), and World Wrestling Entertainment Inc. (NYSE: WWE). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Time Warner
On Tuesday, shares in New York headquartered Time Warner Inc. recorded a trading volume of 6.14 million shares, which was above their three months average volume of 4.97 million shares. The stock ended the session 0.22% higher at $94.20. The Company's shares have gained 1.97% over the previous three months. The stock is trading below its 50-day moving average by 0.35%. Moreover, shares of Time Warner, which operates as a media and entertainment company in the US and internationally, have a Relative Strength Index (RSI) of 46.45.
On March 16th, 2018, research firm Loop Capital initiated a 'Buy' rating on the Company's stock, with a target price of $107.50 per share. Get the full research report on TWX for free by clicking below at: www.wallstequities.com/registration/?symbol=TWX
Twenty-First Century Fox
New York headquartered Twenty-First Century Fox Inc.'s stock closed the day 1.37% lower at $36.08 with a total trading volume of 5.64 million shares, which was above their three months average volume of 2.92 million shares. The Company's shares have advanced 15.46% over the last twelve months. The stock is trading above its 200-day moving average by 18.20%. Additionally, shares of the Company, which operates as a diversified media and entertainment company worldwide, have an RSI of 44.93. Free research on FOX can be accessed at: www.wallstequities.com/registration/?symbol=FOX
Viacom
New York headquartered Shares in Viacom Inc. recorded a trading volume of 3.04 million shares. The stock ended yesterday's trading session 2.13% higher at $30.73. The stock is trading above its 200-day moving average by 0.92%. Furthermore, shares of Viacom, which operates media brands that create entertainment content worldwide, have an RSI of 36.33.
On March 16th, 2018, research firm Loop Capital initiated a 'Hold' rating on the Company's stock, with a target price of $33 per share. Sign up today for the free research report on VIAB at: www.wallstequities.com/registration/?symbol=VIAB
World Wrestling Entertainment
Stamford, Connecticut headquartered World Wrestling Entertainment Inc.'s stock finished Tuesday's session 1.95% lower at $36.18 with a total trading volume of 491,233 shares. The Company's shares have advanced 22.44% over the previous three months and 63.19% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 1.14% and 33.38%, respectively. Additionally, shares of the Company, which engages in the sports entertainment business in North America, EMEA region, Asia/Pacific, and Latin America, have an RSI of 46.06.
On March 07th, 2018, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $38 a share to $45 a share. Wall St. Equities' research coverage also includes the downloadable free report on WWE at: www.wallstequities.com/registration/?symbol=WWE
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