Grupo Televisa S.A. (TV) Shares Slide -1.99%

Grupo Televisa S.A. (TV) has risen sharply, recording gains of 0.49% in the past 4 weeks. However, the stock has corrected -1.99% in the past 1 week, providing a good buying opportunity on dips. Grupo Televisa S.A. (TV) : During the past 4 weeks, traders have been relatively bearish on Grupo Televisa S.A. (TV), hence the stock is down -2.77% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.93% relative to the S&P 500.

The stock has recorded a 20-day Moving Average of 0.75% and the 50-Day Moving Average is 1.95%. Grupo Televisa, S.A.B. has dropped 8.78% during the last 3-month period . Year-to-Date the stock performance stands at -2.01%.


Grupo Televisa S.A. (NYSE:TV): stock turned positive on Friday. Though the stock opened at $26.23, the bulls momentum made the stock top out at $26.67 level for the day. The stock recorded a low of $25.99 and closed the trading day at $26.57, in the green by 1.41%. The total traded volume for the day was 2,112,960. The stock had closed at $26.2 in the previous days trading.

Also, Brokerage firm HSBC downgrades its rating on Grupo Televisa S.A. (NYSE:TV). As per the latest information, the brokerage house raises the price target to $25 per share from a prior target of $24. The shares have been rated Reduce. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on May 12, 2016.

Grupo Televisa, S.A.B. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific. It exports its programs and formats to television networks around the world. It is also a Spanish-language magazine publisher. Its pay-television channels include three music, six movie, seven variety and entertainment channels and two sports channels. Its programs include telenovelas, newscasts, situation comedies, game shows, reality shows, childrens programs, comedy and variety programs, musical and cultural events, movies and educational programming. Its programming also includes broadcasts of special events and sports events in Mexico.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *