Time Warner (TWX) : The total money flow in Time Warner (TWX) was negative ($22.98 million), showing the domination of sellers in the Thursday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $78.86 million. Transactions on upticks were comparatively lower at $55.88 million. The uptick to downtick ratio was 0.71. The total block trades done on upticks were valued at $1.9 million. The total block trades on downticks were valued at $29.54 million. The uptick to the downtick ratio of block trades was 0.06. The money flow during block trades was negative ($27.64 million) when the stock traded with a gain of $157 cent. Time Warner (TWX) was $76.11, an increase of 2.11% over the previous days close.
Time Warner (TWX) : 19 investment research analysts covering Time Warner (TWX) have an average price target of $85.74 for the near short term. The highest target price given by the Brokerage Firm to the stock is $105 and the lowest target is $74 for the short term. Analysts expect the variance to be within $7.44 of the average price. The stock has recorded a 20-day Moving Average of 4.5% and the 50-Day Moving Average is 3.32%.
Time Warner (NYSE:TWX): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $74.54 and $74.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $76.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $76.11, notching a gain of 2.11% for the day. The total traded volume was 5,803,353 . The stock had closed at $74.54 on the previous day.
Time Warner Inc. (Time Warner) is a media and entertainment company. The Company operates in three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of domestic premium pay television services, and international premium pay and basic tier television services, and Warner Bros., which consists of television, feature film, home video and videogame production and distribution of digital and physical home entertainment products. Turner operates over 165 channels globally. In the United States, its networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN and HLN. Outside the United States, Turners portfolio of brands and digital businesses reaches consumers in over 200 countries.