Technical Study: DreamWorks Animation, Lions Gate Entertainment, Regal Entertainment, and Cinemark
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LONDON, June 27, 2013 /PRNewswire/ --
On Wednesday, June 26, 2013, shares in movie production, theater companies ended mostly higher, tracking gains in the broader market which rose for second successive trading session. The major movers in the sector included DreamWorks Animation SKG Inc. (NASDAQ: DWA), Lions Gate Entertainment Corp. (USA) (NYSE: LGF), Regal Entertainment Group (NYSE: RGC), and Cinemark Holdings Inc. (NYSE: CNK). AAAResearchReports.com free coverage on DWA, LGF, RGC, and CNK is available upon registration at
http://www.aaaresearchreports.com/register/
Shares in DreamWorks Animation SKG Inc. rose sharply on Wednesday, extending their gains for the week. The company's shares hit an intraday high of $25.44 before finishing the day 2.61% higher at $25.17. A total of 660,800 shares were traded which is slightly above the daily average volume of 615,100. DreamWorks' shares have gained 3.67% in the last three trading sessions. Furthermore, the stock is currently trading near its 52-week high of $25.50. Download free technical research on DWA by signing up at:
http://www.AAAResearchReports.com/DWA062713.pdf
Lions Gate Entertainment Corp.'s stock moved higher on Wednesday, reversing some of its losses for the week. The company's shares oscillated between $27.80 and $28.22 before closing the day 1.64% higher at $27.97. A total of 912,605 shares were traded which is below the daily average volume of 1.38 million. The stock is now down 1.17% for the week. It is currently trading near its 52-week high of $30.57. Lions Gate Entertainment's shares have gained 17.47% in the last three months, thus outperforming the S&P 500. Register now and get access to free analysis on LGF at:
http://www.AAAResearchReports.com/LGF062713.pdf
Shares in Regal Entertainment Group edged higher on Wednesday, continuing their excellent run this week. The company's shares hit an intraday high of $17.84 before finishing the day 1.54% higher at $17.78. A total of 845,895 shares were traded which is below the daily average volume of 927,835. Regal Entertainment's shares have gained 5.08% in the last three trading sessions. In the last three months, the stock has gained 8.09%, thus outperforming the S&P 500. Furthermore, the company's shares are currently trading slightly below their 50-day moving average. Sign up and read our complimentary report on RGC at:
http://www.AAAResearchReports.com/RGC062713.pdf
Cinemark Holdings Inc.'s stock moved lower on Wednesday, reversing some of its recent gains. The company's shares ended the day 0.79% lower at $27.63 after oscillating between $27.51 and $28.12. A total of 506,645 shares were traded which is slightly below the daily average volume of 513,644. Despite Wednesday's pullback, Cinemark's shares are still up 2.03% so far this week. The free report on CNK can be downloaded by signing up now at:
http://www.AAAResearchReports.com/CNK062713.pdf
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SOURCE AAA Research Reports
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