Expert Briefing on Entertainment - Diversified Stocks -- CBS Corp., Time Warner, Viacom, Cinedigm, and World Wrestling Entertainment

Aug 06, 2015, 09:05 ET from www.equityresearchinstitute.com

NEW YORK, August 6, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: CBS Corporation (NYSE: CBS), Time Warner Inc. (NYSE: TWX), Viacom Inc. (NASDAQ: VIAB), Cinedigm Corporation (NASDAQ: CIDM), and World Wrestling Entertainment Inc. (NYSE: WWE). Free research report on CBS Corp. can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=CBS On Wednesday, August 05, 2015, the NASDAQ Composite ended at 5,139.94, up 0.67%, the Dow Jones Industrial Average edged 0.06% lower, to finish the day at 17,540.47, and the S&P 500 closed at 2,099.84, up 0.31%. The gains were broad based as six out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.  

On Wednesday, shares in CBS Corp. ended the session 4.62% lower at $50.42. The stock reported a trading volume of 12.64 million shares, much above its three months average volume of 3.90 million shares. Shares of the company traded at a PE ratio of 21.01. CBS Corp.'s shares have declined 9.28% in the last one month, 17.30% in the previous three months and 8.44% on YTD basis. The company is trading 11.27% below its 50-day moving average and 11.72% below its 200-day moving average. Moreover, shares of CBS Corp. have a Relative Strength Index (RSI) of 20.92. Sign up and read the free notes on CBS at:

https://www.EquityResearchInstitute.com/reports?keyword=CBS

Time Warner Inc.'s stock plummeted 8.96%, to close the day at $79.80. The stock recorded a trading volume of 28.77 million shares, much above its three months average volume of 3.04 million shares. Over the last one month and over the past three months, Time Warner Inc.'s shares have fallen by 8.66% and 4.18%, respectively. Furthermore, the stock has lost 5.80% since the start of this year. The company's shares are trading 8.57% below their 50-day moving average and 4.44% below their 200-day moving average. Additionally, Time Warner Inc. traded at a PE ratio of 19.70 and has an RSI of 23.69. The complimentary notes on TWX can be downloaded in PDF format at:

https://www.EquityResearchInstitute.com/reports?keyword=TWX

On Wednesday, shares in Viacom Inc. recorded a trading volume of 8.46 million shares, higher than their three months average volume of 2.91 million shares. The stock ended the day 7.54% lower at $51.41. Shares of the company traded at a PE ratio of 12.27. Viacom Inc.'s stock has lost 18.46% in the last one month, 23.67% in the previous three months and 30.95% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 18.91% and 24.48%, respectively. Furthermore, shares of Viacom Inc. have an RSI of 14.63. Register for free on Equity Research Institute and access the latest research on VIAB at:

https://www.EquityResearchInstitute.com/reports?keyword=VIAB

Cinedigm Corp.'s stock edged 0.97% higher, to close Wednesday's session at $0.64. The stock recorded a trading volume of 0.24 million shares, below its three months average volume of 0.66 million shares. Over the previous three months and since the start of this year, Cinedigm Corp.'s shares have plummeted 23.68% and 60.19%, respectively. However, the stock has gained 9.45% in the last one month. The company is trading 16.24% and 50.14% below its 50-day and 200-day moving averages, respectively. Furthermore, Cinedigm Corp.'s stock has an RSI of 40.95. The complete research on CIDM is available for free at:

https://www.EquityResearchInstitute.com/reports?keyword=CIDM

World Wrestling Entertainment Inc.'s stock finished Wednesday's session 3.51% higher at $23.01. A total of 1.18 million shares were traded, which was above its three months average volume of 0.52 million shares. Over the last one month and the previous three months, World Wrestling Entertainment Inc.'s shares have surged 47.78% and 72.50%, respectively. Additionally, the stock has rallied 89.24% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages by 40.75% and 64.28%, respectively. World Wrestling Entertainment Inc.'s stock traded at a PE ratio of 230.10 and has an RSI of 81.97. Free in-depth research on WWE is available at:

https://www.EquityResearchInstitute.com/reports?keyword=WWE

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