A new trading day began on Monday, with Warner Bros. Discovery Inc (NASDAQ: WBD) stock price up 2.71% from the previous day of trading, before settling in for the closing price of $9.22. WBD’s price has ranged from $6.64 to $12.70 over the past 52 weeks.
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Communication Services Sector giant saw their annual sales surged by 43.08% over the last five years. Meanwhile, its annual earnings per share averaged -242.60%. With a float of $2.22 billion, this company’s outstanding shares have now reached $2.44 billion.
The firm has a total of 35300 workers. Let’s measure their productivity. In terms of profitability, gross margin is 26.7%, operating margin of -1.28%, and the pretax margin is -29.42%.
Warner Bros. Discovery Inc (WBD) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. The insider ownership of Warner Bros. Discovery Inc is 9.49%, while institutional ownership is 62.36%. The most recent insider transaction that took place on Nov 11 ’24, was worth 535,920. In this transaction President, International of this company bought 58,000 shares at a rate of $9.24, taking the stock ownership to the 966,130 shares. Before that another transaction happened on May 13 ’24, when Company’s President, International bought 100,000 for $8.30, making the entire transaction worth $830,000. This insider now owns 908,130 shares in total.
Warner Bros. Discovery Inc (WBD) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -242.60% per share during the next fiscal year.
Warner Bros. Discovery Inc (NASDAQ: WBD) Trading Performance Indicators
Here are Warner Bros. Discovery Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.55. Likewise, its price to free cash flow for the trailing twelve months is 4.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.58, a number that is poised to hit -0.00 in the next quarter and is forecasted to reach -0.11 in one year’s time.
Technical Analysis of Warner Bros. Discovery Inc (WBD)
Analysing the last 5-days average volume posted by the [Warner Bros. Discovery Inc, WBD], we can find that recorded value of 37.19 million was better than the volume posted last year of 29.41 million. As of the previous 9 days, the stock’s Stochastic %D was 76.11%. Additionally, its Average True Range was 0.43.
During the past 100 days, Warner Bros. Discovery Inc’s (WBD) raw stochastic average was set at 85.63%, which indicates a significant increase from 80.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.15% in the past 14 days, which was higher than the 53.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.15, while its 200-day Moving Average is $8.17. Now, the first resistance to watch is $9.70. This is followed by the second major resistance level at $9.93. The third major resistance level sits at $10.10. If the price goes on to break the first support level at $9.30, it is likely to go to the next support level at $9.13. Should the price break the second support level, the third support level stands at $8.90.
Warner Bros. Discovery Inc (NASDAQ: WBD) Key Stats
With a market capitalization of 21.72 billion, the company has a total of 2,451,908K Shares Outstanding. Currently, annual sales are 41,321 M while annual income is -3,126 M. The company’s previous quarter sales were 9,623 M while its latest quarter income was 135,000 K.
