Technical Notes Covering Media Equities - Discovery Communications, Charter Communications, Sinclair Broadcast, Central European Media Enterprises, and AMC Networks
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LONDON, November 20, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Discovery Communications Inc. (NASDAQ: DISCK), Charter Communications Inc. (NASDAQ: CHTR), Sinclair Broadcast Group Inc. (NASDAQ: SBGI), Central European Media Enterprises Ltd (NASDAQ: CETV), and AMC Networks Inc. (NASDAQ: AMCX). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Wednesday, November 19, 2014, ended on a negative note as the Dow Jones Industrial Average finished at 17,685.73, down 0.01% and the NASDAQ Composite closed at 4,675.71, down 0.57%. The S&P 500 finished the session 0.15% lower at 2,048.72. During the trading session, seven out of ten sectors finished on a lower note. The S&P 500 Consumer Discretionary Sector Index ended the day at 551.62, up 0.45%, with the index advancing 8.79% in the last one month. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Discovery Communications Inc.'s stock edged 0.61% lower, to close the day at $32.49. The stock recorded a trading volume of 2.63 million shares, below its three months average volume of 2.87 million shares. The company's shares oscillated between $32.06 and $32.72 during the session. Over the last one month and over the past three months, Discovery Communications Inc.'s shares have lost 5.50% and 23.96%, respectively. Further, the stock has fallen by 22.51% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Discovery Communications Inc.'s shares 200-day moving average of $37.82 is above its 50-day moving average of $35.67. Additionally, the stock has a Relative Strength Index (RSI) of 42.94. Sign up and read the free notes on DISCK at:
www.Investor-Edge.com/DISCK-20Nov2014
On Wednesday, shares in Charter Communications Inc. recorded a trading volume of 0.65 million shares, lower than its three months average volume of 1.02 million shares. The stock ended the day at $158.63, which was 2.26% above its previous day's closing of $155.12, and registered an intraday range of $154.90 and $158.78. Charter Communications Inc.'s shares have gained 4.29% in the previous three trading sessions, 10.31% in the last one month, and 15.99% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $153.91 and $145.09, respectively. Furthermore, shares of Charter Communications Inc. have an RSI of 52.60. The complimentary notes on CHTR can be downloaded as in PDF format at:
www.Investor-Edge.com/CHTR-20Nov2014
Sinclair Broadcast Group Inc.'s stock edged 0.07% lower to end Wednesday's session at $27.31. The stock recorded a trading volume of 0.54 million shares, below its three months average volume of 1.23 million shares. The company's shares fluctuated between $26.85 and $27.54 during the session. Shares of the company traded at a PE ratio of 18.05. Sinclair Broadcast Group Inc.'s shares have declined 23.57% since the beginning of 2014. Further, the stock has fallen by 2.78% in the previous three trading sessions and 6.31% over the last three months. The stock is trading above its 50-day moving average of $26.97, while the 50-day moving average is below the 200-day moving average of $28.99. Additionally, the stock has an RSI of 48.75. Register for free on Investor-Edge and access the latest research on SBGI at:
www.Investor-Edge.com/SBGI-20Nov2014
On Wednesday, shares in Central European Media Enterprises Ltd fluctuated between $2.59 and $2.69 before ending the session 1.15% higher at $2.64. The stock reported a trading volume of 0.30 million shares, higher than its three months average volume of 0.27 million shares. Although Central European Media Enterprises Ltd's stock has gained 2.33% in the previous three trading sessions and 11.86% in the last one month, it has lost 31.25% on YTD basis. The stock is trading above its 50-day moving average of $2.35, which is below the 200-day moving average of $2.72. Moreover, shares of Central European Media Enterprises Ltd have an RSI of 68.11. The complete research on CETV is available for free at:
www.Investor-Edge.com/CETV-20Nov2014
AMC Networks Inc.'s stock finished Wednesday's session 0.69% lower at $62.05. A total of 0.42 million shares were traded, which was below its three months average volume of 0.69 million shares. The stock vacillated between $61.58 and $62.59 during the session. Over the previous three trading sessions and over the last one month, AMC Networks Inc.'s shares have advanced 0.31% and 10.27%, respectively. However, from the beginning of 2014, the stock has fallen by 8.90%. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $63.79 is greater than its 50-day moving average of $59.19. AMC Networks Inc.'s stock traded at a PE ratio of 16.56 and has an RSI of 62.85. Free in depth research on AMCX is available at:
www.Investor-Edge.com/AMCX-20Nov2014
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