Why Is It Moving? Analyzing The Upward Movement in Grupo Televisa's Stock Today
Grupo Televisa's Stock Price And Volume Action
Grupo Televisa's (NYSE:TV) stock is trading up 22.62% to a price of $12.47. The stock's current volume for the day is 18.11 million, which is approximately 1134.22% of its previous 30-day average volume of 1.60 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Grupo Televisa shares are trading higher after the company reached an agreement with Univision to sell its content and media assets in a deal valued at $4.8 billion. Televisa will receive $3 billion in cash and $1.5 billion in Univision equity.
Perspective On Recent Price Action
The moving average price of the stock over the past 50 days was $8.64 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $10.22 and as low as $4.73.
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