E.W. Scripps Co (NASDAQ: SSP) kicked off on Tuesday, down -4.20% from the previous trading day, before settling in for the closing price of $4.05. Over the past 52 weeks, SSP has traded in a range of $1.36-$4.98.
While this was happening, its average annual earnings per share was recorded -253.36%. With a float of $63.86 million, this company’s outstanding shares have now reached $76.87 million.
E.W. Scripps Co (SSP) Insider Activity
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 28.08%, while institutional ownership is 64.02%.
E.W. Scripps Co (SSP) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 0.92 earnings per share (EPS), lower than consensus estimate (set at 1.02) by -0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -253.36% 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 1.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15. Likewise, its price to free cash flow for the trailing twelve months is 2.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.44, a number that is poised to hit -0.36 in the next quarter and is forecasted to reach 0.33 in one year’s time.
Technical Analysis of E.W. Scripps Co (SSP)
Looking closely at E.W. Scripps Co (NASDAQ: SSP), its last 5-days average volume was 0.55 million, which is a drop from its year-to-date volume of 0.64 million. As of the previous 9 days, the stock’s Stochastic %D was 15.88%.
During the past 100 days, E.W. Scripps Co’s (SSP) raw stochastic average was set at 62.84%, which indicates a significant increase from 2.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.25 in the past 14 days, which was higher than the 0.23 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.75, while its 200-day Moving Average is $2.98. However, in the short run, E.W. Scripps Co’s stock first resistance to watch stands at $3.98. Second resistance stands at $4.07. The third major resistance level sits at $4.14. If the price goes on to break the first support level at $3.82, it is likely to go to the next support level at $3.75. Should the price break the second support level, the third support level stands at $3.66.
E.W. Scripps Co (NASDAQ: SSP) Key Stats
The company with the Market Capitalisation of 344.55 million has total of 88,802K Shares Outstanding. Its annual sales at the moment are 2,510 M in contrast with the sum of 87,600 K annual income. Company’s last quarter sales were recorded 525,850 K and last quarter income was -32,960 K.
