Discovery Communications (DISCA) : During the past 4 weeks, traders have been relatively bearish on Discovery Communications (DISCA), hence the stock is down -7.02% 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 -1.34% relative to the S&P 500. The 4-week change in the price of the stock is -8.9% and the stock has fallen -0.81% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.83% and the 50-Day Moving Average is 5.19%.The 200 Day SMA reached 9.05% Discovery Communications, Inc. has dropped 4.85% during the last 3-month period . Year-to-Date the stock performance stands at -8.73%.
Discovery Communications (DISCA) : The highest short term price target forecast on Discovery Communications (DISCA) is $35 and the lowest target price is $23. A total of 13 equity analysts are currently covering the company. The average price of all the analysts is $29 with a standard deviation of $3.76.
Company shares have received an average consensus rating of Hold for the current week Discovery Communications (NASDAQ:DISCA): stock was range-bound between the intraday low of $23.955 and the intraday high of $24.39 after having opened at $24.26 on Fridays session. The stock finally closed in the red at $24.26, a loss of -0.25%. The stock remained in the red for the whole trading day. The total traded volume was 5,492,893 shares. The stock failed to cross $24.39 in Fridays trading. The stocks closing price on Thursday was $24.41.
Discovery Communications, Inc. (Discovery) is a media company. The Company provides content across multiple distribution platforms, including pay-TV, free-to-air and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Discovery operates in three segments: U.S. Networks, consisting of domestic television networks and Websites; International Networks, consisting of international television networks and Websites, and Education and Other. The Companys U.S. Networks segment consists of national television networks. The U.S. Networks segment owns and operates 10 national television networks. The Companys International Networks segment consists of national and pan-regional television networks. The Companys Education and Other segment consists of curriculum-based product and service offerings, and production studios. The Companys subsidiaries include Discovery Holding Company (DHC) and Discovery Communications Holding, LLC (DCH).