Broadcasting TV stocks: News Corp (NASDAQ:NWSA), Grupo Televisa SAB (NYSE:TV), Sinclair Broadcast Group (NASDAQ:SBGI), NTN Buzztime (NYSEMKT:NTN)

Posted by on Apr 14, 2014

The former managing editor of News Corp. (NASDAQ:NWSA) News of the World said that information he gave to police in 2002 about a murdered schoolgirl must have been “obtained” from her phone. News Corp (NASDAQ:NWSA) shares after opening at $16.78 moved to $17.16 on last trade day and at the end of the day closed at $16.54. Company price to sales ratio in past twelve months was calculated as 1.09 and price to cash ratio as 3.27. News Corp (NASDAQ:NWSA) showed a negative weekly performance of -3.39%.

Grupo Televisa SAB (ADR) (NYSE:TV) the world’s largest Spanish-language broadcaster, must modify its business model to win approval for plans to take a 50% stake in Mexican wireless carrier Grupo Iusacell SA. Grupo Televisa SAB (ADR) (NYSE:TV) shares fell -0.58% in last trading session and ended the day on $32.52. TV return on equity ratio is recorded as 13.20% and its return on assets is 4.90%. Grupo Televisa SAB (ADR) (NYSE:TV) yearly performance is 19.69%.

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) will report its first quarter 2014 earnings results at 7:30 a.m. ET on Wednesday, May 7, 2014, followed by a conference call to discuss the results at 9:30 a.m. ET. Sinclair Broadcast Group Inc. (NASDAQ:SBGI) shares moved down -2.55% in last trading session and was closed at $27.11, while trading in range of $26.55 – $27.86. Sinclair Broadcast Group Inc. (NASDAQ:SBGI) year to date (YTD) performance is -23.74%.

NTN Buzztime, Inc. (NYSEMKT:NTN) on 11 April announced the pricing of an underwritten public offering of 11,100,000 shares of its common stock at a price of $0.55 per share for gross proceeds of approximately $6.1 million. NTN Buzztime Inc. (NYSEMKT:NTN) weekly performance is -2.86%. On last trading day company shares ended up $0.680. NTN Buzztime Inc. (NYSEMKT:NTN) distance from 50-day simple moving average (SMA50) is 3.69%. Analysts mean target price for the company is $2.00.

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