Complimentary Technical Snapshots on News Corp. and Three More TV Broadcasters Stocks
Stock Research Monitor: FWONK, TV, and LBRDK
LONDON, UK / ACCESSWIRE / June 1, 2018 / If you want a free Stock Review on NWSA sign up now at www.wallstequities.com/registration. Pre-market, WallStEquities.com has initiated research coverage on four TV Broadcasting stocks, particularly, Formula One Group (NASDAQ: FWONK), Grupo Televisa S.A.B. (NYSE: TV), Liberty Broadband Corp. (NASDAQ: LBRDK), and News Corp. (NASDAQ: NWSA). These stocks are part of the broadcasting sector, which includes establishments that create content or acquire the right to distribute content and subsequently broadcast the content. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Formula One Group
Shares in Englewood, Colorado-based Formula One Group rose 1.15%, ending Thursday's trading session at $31.58. The stock recorded a trading volume of 1.03 million shares. The Company's shares have gained 6.94% in the last month. The stock is trading 3.52% above its 50-day moving average. Moreover, shares of Formula One, which through its subsidiaries, engages in the media and entertainment businesses in North America, have a Relative Strength Index (RSI) of 57.40.
On May 09th, 2018, Liberty Media Corporation, which comprises Formula One (FWONK), reported its Q1 2018 results. Financial results attributed to the FWONK for the Q1 2018 included total revenue of $114 million, total operating loss of $(118) million, and total adjusted OIBDA of $(1) million. In the quarter, FWONK incurred approximately $7 million of corporate level SG&A expense, including stock-based compensation expense. Get the full research report on FWONK for free by clicking below at:
www.wallstequities.com/registration/?symbol=FWONK
Grupo Televisa
Mexico City, Mexico-based Grupo Televisa S.A.B.'s stock declined slightly by 0.89%, closing the day at $16.76 with a total trading volume of 1.20 million shares. The stock is trading 3.12% below their 50-day moving average. Shares of the Company, which operates as a media company in the Spanish-speaking world, have an RSI of 38.33. Access the free research report on TV now by signing up at:
www.wallstequities.com/registration/?symbol=TV
Liberty Broadband
On Thursday, shares in Englewood, Colorado-based Liberty Broadband Corp. recorded a trading volume of 1.45 million shares, which was higher than their three months average volume of 1.10 million shares. The stock ended the day 1.15% lower at $68.87. The Company's shares are trading below their 50-day moving average by 11.59%. Furthermore, shares of Liberty Broadband, which provides video, Internet, and voice services to residential and commercial customers in the US, have an RSI of 30.10. Are you already registered with Wall St. Equities? Do so now for free, and get the report on LBRDK at:
www.wallstequities.com/registration/?symbol=LBRDK
News Corp.
New York headquartered News Corp.'s stock dropped 2.40%, finishing yesterday's session at $15.03. A total volume of 2.91 million shares was traded, which was above their three months average volume of 1.89 million shares. The Company's shares have advanced 12.33% over the past year. The stock is trading below its 200-day moving average by 1.82%. Additionally, shares of News Corp., which creates and distributes content for consumers and businesses worldwide, have an RSI of 38.85.
On May 10th, 2018, News Corp. reported Q3 FY18 total revenues of $2.10 billion, net loss of ($1.1) billion, and total segment EBITDA of $182 million. For the nine months ended March 31st, 2018, net cash provided by continuing operating activities was $465 million, and free cash flow available to the Company was $184 million. Aspiring Member, please take a moment to register below for your free research report on NWSA at:
www.wallstequities.com/registration/?symbol=NWSA
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