SeaWorld Entertainment (SEAS) has been under a strong bear grip, hence the stock is down -10.3% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.93% in the past 1 week. The stock has risen by 0.98% in the past week indicating that the buyers are active at lower levels, but the stock is down -9.38% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 8.33% and the 50-Day Moving Average is 10.55%. SeaWorld Entertainment (NYSE:SEAS): stock turned positive on Friday. Though the stock opened at $13.26, the bulls momentum made the stock top out at $13.41 level for the day. The stock recorded a low of $13.21 and closed the trading day at $13.34, in the green by 0.76%. The total traded volume for the day was 1,806,176. The stock had closed at $13.24 in the previous days trading.
The company Insiders own 2.8% of SeaWorld Entertainment shares according to the proxy statements. Institutional Investors own 95.92% of SeaWorld Entertainment shares. Also, Major Brokerage house, Credit Suisse upgrades its ratings on SeaWorld Entertainment (NYSE:SEAS). In the latest research report, Credit Suisse lowers the target price from $15 per share to $12 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Underperform rating on the shares. The rating by the firm was issued on August 11, 2016.
SeaWorld Entertainment, Inc. (SeaWorld) is a theme park and entertainment company. It owns or licenses a portfolio of brands including SeaWorld, Shamu and Busch Gardens. It has 11 destination and regional theme parks that are located across the United States. Its theme parks feature an array of rides, shows and other attractions. The Company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas, and San Diego, California, and Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. The Company operates water park attractions in Orlando, Florida (Aquatica); San Diego, California (Aquatica); Tampa, Florida (Adventure Island), and Williamsburg, Virginia (Water Country USA). The Company also operates a reservations-only attraction offering interaction with marine animals (Discovery Cove) and a seasonal park in Langhorne, Pennsylvania (Sesame Place).