NEW YORK, March 27, 2017 /PRNewswire/ --
On Friday, March 24, 2017, US markets saw broad based gains with five out of nine sectors finishing the trading sessions in green. Major US indices were mixed at the close of last Friday's session. The NASDAQ Composite ended the day at 5,828.74, up 0.19%; the Dow Jones Industrial Average edged 0.29% lower, to finish at 20,596.72; and the S&P 500 closed at 2,343.98, down 0.08%. This Monday morning, Stock-Callers.com looks at the performance of these four Broadcasting - TV stocks: Grupo Televisa S.A.B. (NYSE: TV), TEGNA Inc. (NYSE: TGNA), Scripps Networks Interactive Inc. (NASDAQ: SNI), and Sinclair Broadcast Group Inc. (NASDAQ: SBGI). You can access our complimentary research reports on these stocks now at:
On Friday, shares in Mexico City, Mexico-based Grupo Televisa S.A.B. ended the session 0.70% higher at $26.00 with a total volume of 1.66 million shares traded. Grupo Televisa's shares have advanced 0.97% in the last one month and 23.28% in the previous three months. Shares of the Company, which operates as a media company in the Spanish-speaking world, are trading at a PE ratio of 77.61. The stock is trading 9.69% above its 50-day moving average and 6.58% above its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 59.33.
On March 08th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'. Visit us today and download your complete report on TV for free at:
On Friday, shares in McLean, Virginia headquartered TEGNA Inc. recorded a trading volume of 1.40 million shares. The stock ended the day 0.43% lower at $25.53. Shares of the Company, which engages in media and digital businesses in the US, are trading at a PE ratio of 12.59. TEGNA's stock has gained 3.76% in the last one month and 15.89% in the previous three months. Furthermore, the stock has gained 11.97% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 6.24% and 15.72%, respectively. Furthermore, TEGNA's shares have an RSI of 55.54.
On March 07th, 2017, research firm Barrington Research reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $28 a share to $36 a share. The complimentary research report on TGNA can be accessed at:
Knoxville, Tennessee headquartered Scripps Networks Interactive Inc.'s stock finished Friday's session 0.38% higher at $78.55 with a total volume of 509,746 shares traded. Over the last three months and the previous one year, Scripps Networks Interactive's shares have gained 8.90% and 22.72%, respectively. The Company's shares are trading above its 50-day and 200-day moving averages by 1.32% and 14.30%, respectively. Shares of Scripps Networks Interactive, which develops lifestyle-oriented content in the US, the UK and other European markets, Middle East and Africa, Asia/Pacific, and Latin America, are trading at a PE ratio of 15.16. In addition, the stock has an RSI of 50.63. Register for free on Stock-Callers.com and download the PDF research report on SNI at:
Hunt Valley, Maryland headquartered Sinclair Broadcast Group Inc.'s stock edged 0.38% lower, to close the day at $39.55. The stock recorded a trading volume of 1.25 million shares. Sinclair Broadcast's shares have gained 19.84% in the previous three months and 33.25% in the past one year. The Company's shares are trading 7.63% and 26.88% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which operates as a television broadcasting company in the US, are trading at a PE ratio of 15.05. Additionally, the stock has an RSI of 52.18. Get free access to your research report on SBGI at:
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