Warner Bros. Discovery Inc (NASDAQ: WBD) kicked off on Friday, up 0.96% from the previous trading day, before settling in for the closing price of $10.38. Over the past 52 weeks, WBD has traded in a range of $6.64-$12.70.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 43.08%. While this was happening, its average annual earnings per share was recorded -241.75%. With a float of $2.22 billion, this company’s outstanding shares have now reached $2.44 billion.
Let’s determine the extent of company efficiency that accounts for 35300 employees. 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
Our next focus will be how large-scale investors are participating in this stock of the Entertainment Industry. The insider ownership of Warner Bros. Discovery Inc is 9.49%, while institutional ownership is 62.32%. 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 -241.75% per share during the next fiscal year.
Warner Bros. Discovery Inc (NASDAQ: WBD) Trading Performance Indicators
Take a look at Warner Bros. Discovery Inc’s (WBD) current performance indicators. Last quarter, 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 0.66. Likewise, its price to free cash flow for the trailing twelve months is 4.89.
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 -0.12 in one year’s time.
Technical Analysis of Warner Bros. Discovery Inc (WBD)
Looking closely at Warner Bros. Discovery Inc (NASDAQ: WBD), its last 5-days average volume was 26.63 million, which is a drop from its year-to-date volume of 29.46 million. As of the previous 9 days, the stock’s Stochastic %D was 95.09%. Additionally, its Average True Range was 0.40.
During the past 100 days, Warner Bros. Discovery Inc’s (WBD) raw stochastic average was set at 99.22%, which indicates a significant increase from 97.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.64% in the past 14 days, which was lower than the 53.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.49, while its 200-day Moving Average is $8.18. However, in the short run, Warner Bros. Discovery Inc’s stock first resistance to watch stands at $10.56. Second resistance stands at $10.64. The third major resistance level sits at $10.76. If the price goes on to break the first support level at $10.35, it is likely to go to the next support level at $10.23. Should the price break the second support level, the third support level stands at $10.15.
Warner Bros. Discovery Inc (NASDAQ: WBD) Key Stats
The company with the Market Capitalisation of 25.96 billion has total of 2,453,165K Shares Outstanding. Its annual sales at the moment are 41,321 M in contrast with the sum of -3,126 M annual income. Company’s last quarter sales were recorded 9,623 M and last quarter income was 135,000 K.
