Pre-Market Technical Scan on Entertainment Equities -- Time Warner, Twenty-First Century Fox, Viacom, and World Wrestling Entertainment

Loading...
Loading...

Pre-Market Technical Scan on Entertainment Equities -- Time Warner, Twenty-First Century Fox, Viacom, and World Wrestling Entertainment

PR Newswire

NEW YORK, May 3, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on TWX, FOX, VIAB, and WWE which can be accessed for free by signing up to www.wallstequities.com/registration. On Wednesday, May 02, 2018, US markets saw broad based losses with eight out of nine sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 7,100.90, down 0.42%; the Dow Jones Industrial Average edged 0.72% lower, to finish at 23,924.98; and the S&P 500 closed at 2,635.67, down 0.72%. This Thursday morning, WallStEquities.com looks at the performance of these four Entertainment - Diversified stocks: Time Warner Inc. TWX, Twenty-First Century Fox Inc. FOX, Viacom Inc. VIAB, and World Wrestling Entertainment Inc. WWE. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Time Warner

On Wednesday, shares in New York headquartered Time Warner Inc. recorded a trading volume of 6.53 million shares, which was above their three months average volume of 5.39 million shares. The stock ended the session 1.33% lower at $93.02. The stock is trading below its 50-day moving average by 2.39%. Moreover, shares of Time Warner, which operates as a media and entertainment company in the US and internationally, have a Relative Strength Index (RSI) of 36.07.

On April 27th, 2018, research firm Pivotal Research Group reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $105 a share to $101 a share. Get the full research report on TWX for free by clicking below at:

www.wallstequities.com/registration/?symbol=TWX

Twenty-First Century Fox

New York headquartered Twenty-First Century Fox Inc.'s stock closed the day 0.03% higher at $36.13 with a total trading volume of 6.62 million shares, which was above their three months average volume of 3.05 million shares. The Company's shares have advanced 21.04% over the last twelve months. The stock is trading above its 200-day moving average by 14.38%. Additionally, shares of the Company, which operates as a diversified media and entertainment company worldwide, have an RSI of 50.57. Free research on FOX can be accessed at:

www.wallstequities.com/registration/?symbol=FOX

Viacom

Shares in New York headquartered Viacom Inc. recorded a trading volume of 2.27 million shares. The stock ended yesterday's trading session 1.03% lower at $29.65. The Company's shares have advanced 0.78% in the past month. The stock is trading below its 50-day moving average by 6.47%. Furthermore, shares of Viacom, which operates media brands that create entertainment content worldwide, have an RSI of 32.69. Sign up today for the free research report on VIAB at:

www.wallstequities.com/registration/?symbol=VIAB

World Wrestling Entertainment

Stamford, Connecticut headquartered World Wrestling Entertainment Inc.'s stock finished Wednesday's session 0.03% higher at $39.78 with a total trading volume of 678,086 shares. The Company's shares have advanced 12.06% in the last month, 12.53% over the previous three months, and 86.94% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 5.59% and 35.66%, respectively. Additionally, shares of the Company, which engages in the sports entertainment business in North America, EMEA region, Asia/Pacific, and Latin America, have an RSI of 59.61.

On April 20th, 2018, research firm BTIG Research reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $36 a share to $46 a share. Wall St. Equities' research coverage also includes the downloadable free report on WWE at:

www.wallstequities.com/registration/?symbol=WWE

--

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

View original content:http://www.prnewswire.com/news-releases/pre-market-technical-scan-on-entertainment-equities----time-warner-twenty-first-century-fox-viacom-and-world-wrestling-entertainment-300641957.html

SOURCE Wall St. Equities

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: OpinionPress ReleasesentertainmentPublishing/Information Services
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...