E.W. Scripps Co (NASDAQ: SSP) on Friday, plunged -4.85% from the previous trading day, before settling in for the closing price of $3.30. Within the past 52 weeks, SSP’s price has moved between $1.36 and $4.65.
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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 14.15%. The company achieved an average annual earnings per share of -187.16%. With a float of $72.76 million, this company’s outstanding shares have now reached $74.69 million.
Considering the fact that the conglomerate employs 5000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 44.3%, operating margin of 16.67%, and the pretax margin is 8.37%.
E.W. Scripps Co (SSP) Breakdown of a Key Holders of the stock
Observing investor behavior towards Broadcasting industry stocks is more important than anything else. The insider ownership of E.W. Scripps Co is 16.88%, while institutional ownership is 61.95%.
E.W. Scripps Co (SSP) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -187.16% per share during the next fiscal year.
E.W. Scripps Co (NASDAQ: SSP) Trading Performance Indicators
E.W. Scripps Co (SSP) is currently performing well based on its current performance indicators. A quick ratio of 1.31 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.11. Likewise, its price to free cash flow for the trailing twelve months is 0.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.99, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach 0.25 in one year’s time.
Technical Analysis of E.W. Scripps Co (SSP)
Compared to the last year’s volume of 1.21 million, its volume of 1.82 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 57.09%. Additionally, its Average True Range was 0.31.
During the past 100 days, E.W. Scripps Co’s (SSP) raw stochastic average was set at 65.93%, which indicates a significant decrease from 72.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 197.64% in the past 14 days, which was higher than the 130.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.13, while its 200-day Moving Average is $2.36. Nevertheless, the first resistance level for the watch stands at $3.32 in the near term. At $3.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.64. If the price goes on to break the first support level at $3.00, it is likely to go to the next support level at $2.87. Now, if the price goes above the second support level, the third support stands at $2.68.
E.W. Scripps Co (NASDAQ: SSP) Key Stats
Market capitalization of the company is 274.89 million based on 86,701K outstanding shares. Right now, sales total 2,510 M and income totals 87,600 K. The company made 728,380 K in profit during its latest quarter, and 36,770 K in sales during its previous quarter.
