E.W. Scripps Co. (NASDAQ: SSP) kicked off on Friday, down -6.64% from the previous trading day, before settling in for the closing price of $2.11. Over the past 52 weeks, SSP has traded in a range of $1.96-$9.35.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 14.62%. While this was happening, its average annual earnings per share was recorded 447.35%. With a float of $61.83 million, this company’s outstanding shares have now reached $72.84 million.
The extent of productivity of a business whose workforce counts for 5200 workers is very important to gauge. In terms of profitability, gross margin is 31.9%, operating margin of 10.01%, and the pretax margin is -10.87%.
E.W. Scripps Co. (SSP) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Broadcasting Industry. The insider ownership of E.W. Scripps Co. is 28.20%, 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 28 ’24, when Company’s 10% Owner bought 2,100 for $4.50, making the entire transaction worth $9,460. This insider now owns 3,236 shares in total.
E.W. Scripps Co. (SSP) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.19 earnings per share (EPS), higher than consensus estimate (set at -0.22) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 447.35% per share during the next fiscal year.
E.W. Scripps Co. (NASDAQ: SSP) Trading Performance Indicators
Take a look at E.W. Scripps Co.’s (SSP) current performance indicators. Last quarter, stock had a quick ratio of 1.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.07. Likewise, its price to free cash flow for the trailing twelve months is 2.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.67, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach -0.55 in one year’s time.
Technical Analysis of E.W. Scripps Co. (SSP)
The latest stats from [E.W. Scripps Co., SSP] show that its last 5-days average volume of 0.62 million was inferior to 0.92 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 18.85%. Additionally, its Average True Range was 0.21.
During the past 100 days, E.W. Scripps Co.’s (SSP) raw stochastic average was set at 0.74%, which indicates a significant decrease from 5.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.10% in the past 14 days, which was lower than the 95.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.8442, while its 200-day Moving Average is $4.6657. Now, the first resistance to watch is $2.0767. This is followed by the second major resistance level at $2.1833. The third major resistance level sits at $2.2467. If the price goes on to break the first support level at $1.9067, it is likely to go to the next support level at $1.8433. The third support level lies at $1.7367 if the price breaches the second support level.
E.W. Scripps Co. (NASDAQ: SSP) Key Stats
The company with the Market Capitalisation of 169.66 million has total of 85,390K Shares Outstanding. Its annual sales at the moment are 2,293 M in contrast with the sum of -998,090 K annual income. Company’s last quarter sales were recorded 573,630 K and last quarter income was 1,430 K.
