On Monday, E.W. Scripps Co. (NASDAQ: SSP) was 4.32% up from the session before settling in for the closing price of $3.70. A 52-week range for SSP has been $2.93 – $11.02.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 14.62%. When this article was written, the company’s average yearly earnings per share was at 537.98%. With a float of $60.77 million, this company’s outstanding shares have now reached $72.84 million.
Considering the fact that the conglomerate employs 5200 people, you should pay attention to its efficiency factor.
E.W. Scripps Co. (SSP) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward E.W. Scripps Co. stocks. The insider ownership of E.W. Scripps Co. is 28.19%, while institutional ownership is 68.60%. The most recent insider transaction that took place on Mar 13 ’24, was worth 9,568. In this transaction 10% Owner of this company bought 2,300 shares at a rate of $4.16, taking the stock ownership to the 41,747 shares. Before that another transaction happened on Feb 29 ’24, when Company’s Director bought 10,500 for $4.28, making the entire transaction worth $44,970. This insider now owns 642,401 shares in total.
E.W. Scripps Co. (SSP) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 537.98% per share during the next fiscal year.
E.W. Scripps Co. (NASDAQ: SSP) Trading Performance Indicators
You can see what E.W. Scripps Co. (SSP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.14. Likewise, its price to free cash flow for the trailing twelve months is 6.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.83, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of E.W. Scripps Co. (SSP)
Compared to the last year’s volume of 0.94 million, its volume of 0.72 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 82.96%. Additionally, its Average True Range was 0.30.
During the past 100 days, E.W. Scripps Co.’s (SSP) raw stochastic average was set at 14.49%, which indicates a significant decrease from 93.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.92% in the past 14 days, which was lower than the 106.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.95, while its 200-day Moving Average is $6.56. Nevertheless, the first resistance level for the watch stands at $3.95 in the near term. At $4.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.14. If the price goes on to break the first support level at $3.75, it is likely to go to the next support level at $3.64. Should the price break the second support level, the third support level stands at $3.56.
E.W. Scripps Co. (NASDAQ: SSP) Key Stats
There are 84,816K outstanding shares of the company, which has a market capitalization of 326.63 million. As of now, sales total 2,293 M while income totals -998,090 K. Its latest quarter income was 615,770 K while its last quarter net income were -306,070 K.
