Warner Bros. Discovery Inc (NASDAQ:WBD) currently has a daily average trading volume of 29.35M but it saw 32844914 shares traded in last market. With a market cap of 24.68B USD, the company’s current market price of $10.06 came falling about -4.28 while comparing to the previous closing price of $10.51. 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 $9.88 while lowest mark touched by it was $10.52.
Taking a look at 20-day trading activity of Warner Bros. Discovery Inc (WBD) gives us an average price of $10.85, while its current price level is -20.79% below from 52-week high level whereas it is 51.51% 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 $10.02 while that of 200 days or SMA-200 reads an average of $8.43. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.15% during that period while stretching the period over a month that increases to 4.46%. 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 43.02 which implies that the stock is in neutral 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 -4.82% down while it is -5.63% when we observe its performance for the past one month. Year-to-date it is -4.82% down and over the past year, the stock is showing a downside performance of -11.75%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0.04 while estimate for next year EPS is -4.38. In next quarter, company is expected to be making quarterly sales of $10.05B as analysts are expecting the sales for current fiscal year at $39.57B and seeing the company making $39.88B in sales next year. Moreover, analysts are in estimates of $10.2B for current-quarter revenue.
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 1.50. Stock has a price to book (P/B) ratio of 0.70 while price to sale or P/S ratio amounts to 0.62. Its return on asset (ROA) is -9.75% on average.
