Dreamworks Animation SKG (DWA) : During the past 4 weeks, traders have been relatively bearish on Dreamworks Animation SKG (DWA), hence the stock is down -5.68% 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 -0.56% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.05% in the last 1 week, and is up 0.69% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Dreamworks Animation SKG (NASDAQ:DWA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.96 and $40.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.99, notching a gain of 0.07% for the day. The total traded volume was 1,445,363 . The stock had closed at $40.96 on the previous day.
The stock has recorded a 20-day Moving Average of 0.2% and the 50-Day Moving Average is 1.24%. DreamWorks Animation SKG Inc. is up 50.64% in the last 3-month period. Year-to-Date the stock performance stands at 59.06%.
DreamWorks Animation SKG, Inc. (DreamWorks Animation) creates and exploits branded family entertainment, including animated feature films, television series and specials, live entertainment properties and related consumer products. The Company operates in four segments: Feature Films, Television Series and Specials, Consumer Products and New Media. Feature Films segment consists of the development, production and exploitation of feature films in the theatrical television home entertainment and digital markets. Television Series and Specials segment consist of the development production and exploitation of television direct-to-video and other nontheatrical content in the television home entertainment and digital markets. Consumer Products segment consists of the Companys merchandising and licensing activities. New Media segment consists of ATV and related businesses. Operating segments that are not separately reportable are categorized in all other.