Scripps Networks Interactive Inc (SNI) Shares are Down -4.35%

Scripps Networks Interactive Inc (SNI) : During the past 4 weeks, traders have been relatively bearish on Scripps Networks Interactive Inc (SNI), hence the stock is down -5.27% 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 -4.41% relative to the S&P 500. The 4-week change in the price of the stock is -4.3% and the stock has fallen -4.35% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.9% and the 50-Day Moving Average is 1.94%. Scripps Networks Interactive Inc (NYSE:SNI): On Fridays trading session , Opening price of the stock was $63.31 with an intraday high of $63.9. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $62.8. However, the stock managed to close at $63.27, a loss of 0.36% for the day. On the previous day, the stock had closed at $63.5. The total traded volume of the day was 1,354,269 shares.


The company Insiders own 2.3% of Scripps Networks Interactive Inc shares according to the proxy statements. Institutional Investors own 68.66% of Scripps Networks Interactive Inc shares. During last six month period, the net percent change held by insiders has seen a change of -40.7%. Also, In the latest statement by the brokerage house, Evercore ISI Group downgrades its outlook on Scripps Networks Interactive Inc (NYSE:SNI). The current rating of the shares is Hold, according to the research report released by the firm. Previously, the company had a rating of Buy. The rating by the firm was issued on August 11, 2016.

Scripps Networks Interactive, Inc. (SNI) is a developer of lifestyle-oriented content for linear and interactive video platforms, including television and the Internet brands. The Company manages its operations through its Lifestyle Media segment. Lifestyle Media includes its six national television networks, HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country. HGTV focuses on decorating, interior design, home remodeling, landscape design and real estate topics. Food Network programming content includes food-related topics. Travel Channel is a travel multi-media brand. DIY Network provides entertaining and informational programming content. Cooking Channel programming focuses on food information and instructional cooking. Great American Country offers the country music experience, music performance specials, live concerts and country music videos.

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