Time Warner (TWX) : During the past 4 weeks, traders have been relatively bearish on Time Warner (TWX), hence the stock is down -5.45% 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 -3.32% relative to the S&P 500. The 4-week change in the price of the stock is -7.36% and the stock has fallen -2.8% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.77% and the 50-Day Moving Average is 4.38%.The 200 Day SMA reached 3.91% Time Warner Inc. is up 3.96% in the last 3-month period. Year-to-Date the stock performance stands at 17.68%.
Time Warner (TWX) stock is expected to deviate a maximum of $8.12 from the average target price of $88.26 for the short term period. 19 Street Experts have initiated coverage on the stock with the most promising target being $106 and the most muted being $74.
For the current week, the company shares have a recommendation consensus of Buy. Time Warner (NYSE:TWX): stock was range-bound between the intraday low of $74.27 and the intraday high of $75.25 after having opened at $75.22 on Fridays session. The stock finally closed in the red at $75.22, a loss of -1.02%. The stock remained in the red for the whole trading day. The total traded volume was 6,996,957 shares. The stock failed to cross $75.25 in Fridays trading. The stocks closing price on Thursday was $74.85.
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.