Company Shares of Shaw Communications (NYSE:SJR) Drops by -2.66%

Shaw Communications (NYSE:SJR) : During the past 4 weeks, traders have been relatively bearish on Shaw Communications (NYSE:SJR), hence the stock is down -3.6% 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 -3.89% relative to the S&P 500. The 4-week change in the price of the stock is -2.04% and the stock has fallen -2.66% in the past 1 week.

The company shares have dropped -12.66% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $21.50 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $19.10 and the 200 Day Moving Average price is recorded at $18.20.

The stock has recorded a 20-day Moving Average of 2.06% and the 50-Day Moving Average is 1.07%.


Shaw Communications (NYSE:SJR): On Fridays trading session , Opening price of the stock was $18.95 with an intraday high of $18.985. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $18.67. However, the stock managed to close at $18.69, a loss of 1.06% for the day. On the previous day, the stock had closed at $18.89. The total traded volume of the day was 1,192,291 shares.

Shaw Communications Inc. (Shaw) is a diversified Canadian communications and media company. Shaw is engaged in the business of providing broadband cable television, High-Speed Internet, Home Phone, telecommunications services (through Shaw Business), satellite direct-to-home services (through Shaw Direct) and engaging programming content (through Shaw Media). The Company operated through three principal business segments such as Cable, consisted of cable television, Internet, Digital Phone and Shaw Business operations; Satellite, consisted of direct-to-home (DTH) and Satellite Services; and Media, consisted of television broadcasting. Shaw Media operates as conventional television networks in Canada, Global Television, and numerous specialty networks. It provides customers with entertainment, information and communications services, utilizing a variety of distribution technologies.

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