Warner Bros. Discovery Inc (NASDAQ:WBD) currently has a daily average trading volume of 30.20M but it saw 33234265 shares traded in last market. With a market cap of 24.19B USD, the company’s current market price of $9.86 came rising about 1.44 while comparing to the previous closing price of $9.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.70 and as low as $6.64. In the recent trading on the day, stock has struck highest price mark of $9.71 while lowest mark touched by it was $9.945.
Taking a look at 20-day trading activity of Warner Bros. Discovery Inc (WBD) gives us an average price of $8.30, while its current price level is -22.36% below from 52-week high level whereas it is 48.49% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.06 while that of 200 days or SMA-200 reads an average of $8.18. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.07% during that period while stretching the period over a month that increases to 4.07%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 76.53 which implies that the stock is in overbought territory.
Bernstein downgraded its recommendation for the stock as a “Mkt Perform” from “Outperform” on August 13, 2024 while assigning a price target range of $10-$8. Macquarie issued its recommendations for the stock as it downgraded the price target for the stock is $9.
Over the week, WBD’s stock price is moving 5.23% up while it is 23.25% when we observe its performance for the past one month. Year-to-date it is -13.36% down and over the past year, the stock is showing a downside performance of -5.56%.
Currently, Warner Bros. Discovery Inc’s total number of outstanding shares is 2.44B. Company’s return on investment (ROI) stands at -15.53% and return on equity (ROE) at -28.09%. Stock’s beta reads 1.49. Stock has a price to book (P/B) ratio of 0.69 while price to sale or P/S ratio amounts to 0.61. Its return on asset (ROA) is -9.75% on average.
