Daily Technical Summary Reports on TV Broadcasters Stocks -- News Corp., TEGNA, Tribune Media, and Grupo Televisa
NEW YORK, June 15, 2017 /PRNewswire/ --
Companies in the TV Broadcasting industry broadcast television programs for free to the public and for cable subscribers. Business advertising, program popularity, and consumer demographics drive demand. This morning, DailyStockTracker.com takes a closer look at the following equities: News Corp. (NASDAQ: NWSA), TEGNA Inc. (NYSE: TGNA), Tribune Media Co. (NYSE: TRCO), and Grupo Televisa S.A.B. (NYSE: TV). Register now and get full and free access to these DailyStockTracker.com research reports at:
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News Corp.
On Wednesday, shares in New York headquartered News Corp. recorded a trading volume of 2.75 million shares, which was above their three months average volume of 1.89 million shares. The stock ended at $13.58, rising 0.15% from the last trading session. The Company's shares have gained 5.35% in the last one month, 7.78% over the previous three months, and 18.50% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.00% and 6.56%, respectively. Furthermore, shares of News, which focuses on creating and distributing content to consumers and businesses worldwide, have a Relative Strength Index (RSI) of 62.59.
On June 07th, 2017, Realtor.com®, operated by News Corp.'s subsidiary Move, Inc., announced the launch of its first-ever company blog, Home Made, that gives buyers and sellers a behind-the-scenes look at life at realtor.com®. Home Made shares stories of new products, corporate initiatives, and news through the voices of realtor.com® employees. It offers product tips and tricks as well as insights regarding the home-buying process from people who live and breathe real estate. Access our complete research report on NWSA for free at:
http://dailystocktracker.com/registration/?symbol=NWSA
TEGNA
McLean, Virginia headquartered TEGNA Inc.'s stock finished yesterday's session 0.07% higher at $14.65 with a total trading volume of 2.76 million shares. The Company's shares have gained 6.90% on an YTD basis. The stock is trading above its 200-day moving average by 0.05%. Furthermore, shares of TEGNA, which engages in media and digital businesses in the US, have an RSI of 44.76.
On June 01st, 2017, TEGNA announced that it has completed the previously announced spin-off of Cars.com, creating two, publicly traded companies: TEGNA, an innovative media company with the largest broadcast group among major network affiliates in the top 25 markets; and Cars.com, a leading digital automotive marketplace. TEGNA will continue trading on the NYSE under the symbol TGNA. Cars.com will begin "regular way" trading on the NYSE under the symbol CARS. The complimentary research report on TGNA can be downloaded at:
http://dailystocktracker.com/registration/?symbol=TGNA
Tribune Media
At the close of trading on Wednesday, shares in Chicago, Illinois-based Tribune Media Co. saw a slight decline of 0.69%, ending the day at $39.04. The stock recorded a trading volume of 481,756 shares. The Company's shares have advanced 1.59% in the previous three months and 32.94% since the start of this year. The stock is trading 0.61% and 18.42% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Tribune Media, which through its subsidiaries, operates as a media and entertainment company in the US, have an RSI of 50.02.
On May 18th, 2017, CareerBuilder, which is owned by Tribune Media, TEGNA Inc., and McClatchy announced that, according to its new research, artificial intelligence (AI) and automation will have a major impact on HR and employment over the next few years. More than one in ten HR managers (13%) are already seeing evidence of AI becoming a regular part of HR, and 55% say it will be in the next five years. Register for free on DailyStockTracker.com and get access to the latest report on TRCO at:
http://dailystocktracker.com/registration/?symbol=TRCO
Grupo Televisa
Mexico City, Mexico-based Grupo Televisa S.A.B.'s shares ended the day 0.45% higher at $24.75 with a total trading volume of 698,381 shares. The stock has gained 18.48% on an YTD basis. The Company's shares are trading 2.86% above their 200-day moving average. Additionally, shares of Grupo Televisa, which operates as a media company in the Spanish-speaking world, have an RSI of 50.63.
On May 24th, 2017, research firm HSBC Securities upgraded the Company's stock rating from 'Reduce' to 'Hold'. Download your free research report on TV at:
http://dailystocktracker.com/registration/?symbol=TV
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