Warner Bros. Discovery Inc (WBD) volume exceeds 17.47 million: A new investment opportunity for investors

SQ

Warner Bros. Discovery Inc (NASDAQ: WBD) kicked off on Friday, down -0.84% from the previous trading day, before settling in for the closing price of $10.66. Over the past 52 weeks, WBD has traded in a range of $6.64-$12.70.

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

During the last 5-year period, the sales growth of Communication Services Sector giant was 52.46%. While this was happening, its average annual earnings per share was recorded -241.02%. With a float of $2.22 billion, this company’s outstanding shares have now reached $2.45 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) Breakdown of a Key Holders of the stock

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 9.37%, while institutional ownership is 62.26%. The most recent insider transaction that took place on Dec 13 ’24, was worth 1,795,430. Before that another transaction happened on Dec 13 ’24, when Company’s Chief Legal Officer sold 169,436 for $12.36, making the entire transaction worth $2,093,755. This insider now owns 599,317 shares in total.

Warner Bros. Discovery Inc (WBD) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -241.02% 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 0.65. Likewise, its price to free cash flow for the trailing twelve months is 4.84.

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 19.89 million, which is a drop from its year-to-date volume of 22.36 million. As of the previous 9 days, the stock’s Stochastic %D was 48.01%. Additionally, its Average True Range was 0.41.

During the past 100 days, Warner Bros. Discovery Inc’s (WBD) raw stochastic average was set at 64.85%, which indicates a significant increase from 10.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.79% in the past 14 days, which was lower than the 52.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.85, while its 200-day Moving Average is $8.40. However, in the short run, Warner Bros. Discovery Inc’s stock first resistance to watch stands at $10.75. Second resistance stands at $10.92. The third major resistance level sits at $11.09. If the price goes on to break the first support level at $10.41, it is likely to go to the next support level at $10.24. Now, if the price goes above the second support level, the third support stands at $10.07.

Warner Bros. Discovery Inc (NASDAQ: WBD) Key Stats

The company with the Market Capitalisation of 25.71 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.