Comcast Corporation (CMCSA) : Traders are bullish on Comcast Corporation (CMCSA) as it has outperformed the S&P 500 by a wide margin of 1.5% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.71%, relative to the S&P 500. The stock has risen by 1.24% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.56% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.11% and the 50-Day Moving Average is 1.13%.The 200 Day SMA reached 7.86% Comcast Corporation is up 6.14% in the last 3-month period. Year-to-Date the stock performance stands at 18.36%.
Comcast Corporation (CMCSA) : The most positive equity analysts on Comcast Corporation (CMCSA) expects the shares to touch $84, whereas, the least positive believes that the stock will trade at $69 in the short term. The company is covered by 24 Wall Street Brokerage Firms. The average price target for shares are $74.88 with an expected fluctuation of $4.32 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Comcast Corporation (NASDAQ:CMCSA): stock was range-bound between the intraday low of $65.28 and the intraday high of $66.14 after having opened at $65.98 on Fridays session. The stock finally closed in the red at $65.98, a loss of -0.48%. The stock remained in the red for the whole trading day. The total traded volume was 13,581,361 shares. The stock failed to cross $66.14 in Fridays trading. The stocks closing price on Thursday was $65.92.
Comcast Corporation is a media and technology company. The Company has two primary businesses, Comcast Cable and NBCUniversal. The Companys business line comprises five segments: Cable Communications; Cable Networks; Broadcast Television; Filmed Entertainment, and Theme Parks. Cable Communications consists of the operations of Comcast Cable, a provider of video, high-speed Internet and voice services under the XFINITY brand. Cable Networks consists primarily of its national cable networks, regional sports and news networks, international cable networks, and its cable television production operations. Broadcast Television consists primarily of the NBC and Telemundo broadcast networks. Filmed Entertainment consists primarily of the studio operations of Universal Pictures. Theme Parks consists primarily of its Universal theme parks. The Companys other business interests consist of Comcast-Spectacor and the Wells Fargo Center arena.