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:
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:
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:
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:
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:
About Equity Research Institute:
Equity Research Institute ("ERI") produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. ERI has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
ERI has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer"). Rohit Tuli, a CFA® charter holder (the "CFA®"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on sound investment judgment and publicly available information which is believed to be reliable. The Reviewer and the CFA® have not performed any independent investigations or forensic audits to validate the information herein. Unless otherwise noted, any content outside of this document has no association with the Author, the Reviewer, or the CFA® (collectively referred to as the "Production Team") in any way. The Production Team is compensated on a fixed monthly basis and do not hold any positions of interest in any of the securities mentioned herein.
ERI, the Author, the Reviewer and the CFA® (collectively referred to as the "Publishers") are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, the Publishers do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither ERI nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.equityresearchinstitute.com.
ERI is not available to residents of Belarus, Cuba, Canada, Iran, North Korea, Sudan, Syria or Somalia. Do not send email to robottrap (at) equityresearchinstitute.com.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.