NEW YORK, Dec. 20, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on IMAX, CBS, LYV, and LGF-A which is a click away at www.wallstequities.com/registration. The Entertainment space is a constantly evolving group, with prospects in certain subsectors being much better than in others. Revenue trends in certain core segments, including broadcast television and radio, tend to vary with consumers' and advertisers' preferences toward new forms of media. Several conglomerates control a large proportion of the industry, somewhat limiting competitive pressures. Ahead of today's trading session, WallStEquities.com presents these four Diversified Entertainment stocks: IMAX Corp. (NYSE: IMAX), CBS Corp. (NYSE: CBS), Live Nation Entertainment Inc. (NYSE: LYV), and Lions Gate Entertainment Corp. (NYSE: LGF-A).
In its free research reports, Wall St. Equities offers timely insights on these equities at: www.wallstequities.com/registration
Mississauga, Canada headquartered IMAX Corp.'s shares rose 0.61%, finishing Tuesday's trading session at $24.80. A total volume of 612,680 shares was traded. In the last month and the previous three months, the stock has advanced 0.40% and 8.30%, respectively. The Company's shares are trading above their 50-day moving average by 5.12%. Moreover, shares of IMAX, which together with its subsidiaries, operates as an entertainment technology company specializing in motion picture technologies and presentations worldwide, have a Relative Strength Index (RSI) of 55.39.
On December 07th, 2017, IMAX and Twentieth Century Fox Film (FOX) jointly announced that they have signed a new, multi-picture agreement - beginning this year and extending through 2019 - for five, key future tentpoles from the FOX slate. The deal includes Kingsman: The Golden Circle, which was released in September; The Darkest Minds; as well as Marvel titles, The New Mutants, X-Men: Dark Phoenix; and Gambit; all of which will be digitally re-mastered into the immersive IMAX® format and released in IMAX® theaters. Today's daily Complimentary report on IMAX is accessible at: www.wallstequities.com/registration/?symbol=IMAX
On Tuesday, shares in New York headquartered CBS Corp. recorded a trading volume of 3.02 million shares, and ended the session 0.78% higher at $59.46. The stock has gained 4.79% in the last one month and 0.69% over the previous three months. The Company's shares are trading 4.29% above their 50-day moving average. Furthermore, shares of CBS Corp., which operates as a mass media company worldwide, have an RSI of 58.78.
On December 14th, 2017, research firm Stephens initiated an 'Overweight' rating on the Company's stock, with a target price of $70 per share. To experience our free membership services anytime/ anywhere and access the free report on CBS, click to register at: www.wallstequities.com/registration/?symbol=CBS
Live Nation Entertainment
Shares in Beverly Hills, California headquartered Live Nation Entertainment Inc. closed at $44.06, climbing 1.15% from the last trading session. The stock recorded a trading volume of 1.21 million shares. The Company's shares have gained 2.18% over the previous three months and 65.64% since the start of this year. The stock is trading 0.84% and 17.34% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Live Nation, which operates as a live entertainment company, have an RSI of 51.96.
On November 20th, 2017, research firm Evercore ISI downgraded the Company's stock rating from 'Outperform' to 'In-line'.
On December 11th, 2017, Live Nation Entertainment (LYV) announced that Kesha and Macklemore will team up in 2018 for 'The Adventures of Kesha and Macklemore' Tour. Presented by LYV, the nine-week, 30-market tour pairs the two, trailblazing artists for an epic summer trek of North American amphitheaters and arenas, starting June 06th, 2018 at the Ak-Chin Pavilion in Phoenix, Arizona, and ending on August 05th, 2018 at the MIDFLORIDA Credit Union Amphitheatre in Tampa, Florida. Join our big investor community at Wall St. Equities today and start so with your free report on LYV at: www.wallstequities.com/registration/?symbol=LYV
Lions Gate Entertainment
Santa Monica, California headquartered Lions Gate Entertainment Corp.'s stock ended 0.30% higher at $33.40 with a total trading volume of 523,363 shares. The Company's shares have advanced 2.49% in the last month, 4.28% over the previous three months, and 24.16% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.62% and 16.87%, respectively. Furthermore, shares of Lions Gate, which engages in motion picture production and distribution, television programming and syndication, home entertainment, branded channel platforms, interactive ventures and games, and location-based entertainment in Canada, the US, and internationally, have an RSI of 60.73. Know more about LGF-A in our free research coverage at: www.wallstequities.com/registration/?symbol=LGF-A
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