Tag: King Digital Entertainment

  • Services Sector New Highs: King Digital Entertainment (NYSE:KING), DISH Network (NASDAQ:DISH), Macy’s (NYSE:M), Grupo Televisa (NYSE:TV)

    While King Digital Entertainment PLC (NYSE:KING) might be a unique company surrounded by a cultural craze, Arvind has had a strong history recommending established entertainment companies, including Electronic Arts Inc. (NASDAQ:EA) and GameStop Corp. (NYSE:GME). These successful recommendations have helped earn Arvind a spot as the number 62 analyst out of 2476 analysts, with a +4.2% average return over S&P 500 (INDEXSP:.INX) and a 63% success rate of recommendations. King Digital Entertainment PLC (NYSE:KING) shares after opening at $18.36 moved to $19.75 on last trade day and at the end of the day closed at $19.75. Company price to sales ratio in past twelve months was calculated as 3.33.

    In the weeks immediately following the announcement of their groundbreaking, multi-year distribution deal, DISH Network Corporation (NASDAQ:DISH) and The Walt Disney Company (NYSE:DIS) today announced the availability of WATCH ABC, WATCH ABC Family, WATCH Disney Channel, WATCH Disney XD and WatchESPN, enabling DISH’s 14 million video subscribers to access live and on-demand news, entertainment and sports programming on computers, smartphones, tablets, gaming consoles and connected devices. Access to WATCH Disney Junior as well as authenticated services from SEC ESPN Network and Longhorn Network will launch later this year. DISH Network Corp (NASDAQ:DISH) shares advanced 2.72% in last trading session and ended the day on $63.90. DISH return on equity ratio is recorded as 229.60% and its return on assets is 6.80%. DISH Network Corp (NASDAQ:DISH) yearly performance is 9.38%.

    Macy’s (NYSE:M) President Jeffrey Gennette sold 27,895 shares of the stock on the open market in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $59.17, for a total value of $1,650,547.15. Following the transaction, the president now directly owns 25,100 shares of the company’s stock, valued at approximately $1,485,167. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Macy’s, Inc. (NYSE:M) shares moved up 0.37% in last trading session and was closed at $59.51, while trading in range of $59.13-$60.19. Macy’s, Inc. (NYSE:M) year to date performance is 11.92%.

    Grupo Televisa S.A.B (NYSE:TV) pushed the Media industry higher today making it today’s featured media winner. The industry as a whole closed the day down 0.3%. By the end of trading, Grupo Televisa S.A.B rose $0.47 (1.5%) to $31.62 on average volume. Throughout the day, 2,000,509 shares of Grupo Televisa S.A.B exchanged hands as compared to its average daily volume of 2,440,800 shares. The stock ranged in a price between $31.06-$31.91 after having opened the day at $31.24 as compared to the previous trading day’s close of $31.15. Grupo Televisa SAB (ADR) (NYSE:TV) weekly performance is 6.48%. On last trading day company shares ended up $33.67. Grupo Televisa SAB (ADR) (NYSE:TV) distance from 50-day simple moving average is 12.26%. Analysts mean target price for the company is $33.36.