Warner Bros. Discovery Inc (NASDAQ:WBD) currently has a daily average trading volume of 29.99M but it saw 23522785 shares traded in last market. With a market cap of 26.54B USD, the company’s current market price of $10.82 came falling about -0.64 while comparing to the previous closing price of $10.89. 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 $10.72 while lowest mark touched by it was $10.99.
Taking a look at 20-day trading activity of Warner Bros. Discovery Inc (WBD) gives us an average price of $10.24, while its current price level is -14.80% below from 52-week high level whereas it is 62.95% 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 $8.88 while that of 200 days or SMA-200 reads an average of $8.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.81% during that period while stretching the period over a month that increases to 3.88%. 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 70.08 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 1.60% up while it is 15.97% when we observe its performance for the past one month. Year-to-date it is -4.92% down and over the past year, the stock is showing a downside performance of -5.34%.
Currently, Warner Bros. Discovery Inc’s total number of outstanding shares is 2.45B. Company’s return on investment (ROI) stands at -15.53% and return on equity (ROE) at -28.09%. Stock’s beta reads 1.52. Stock has a price to book (P/B) ratio of 0.76 while price to sale or P/S ratio amounts to 0.67. Its return on asset (ROA) is -9.75% on average.
