The Central European Media Enterprises Ltd. (NASDAQ:CETV) is going down by 0.00% in today’s trading session, a fall equivalent to 0.0% of the stock’s price from yesterday’s market close. A news came out 15 hours ago stating that CENTRAL EUROPEAN MEDIA ENTERPRISES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Central European Media Enterprises Ltd. – CETV by WSJ. The lowest point that the shares touched during the trading session was $4.39, while the peak of the day was recorded at a share price of $4.44. CETV finished the previous session at $4.42 according to the data provided by Barchart, while the trading volume was observed to be $1348191.
In the 100 days of trading, CETV managed to top a 4.50% Moving average. Additionally, Central European Media Enterprises Ltd. shares have achieved a 52-week range between 2.67 and 5.03 alongside 100 days raw stochastic set at 28.24%.
The number of shares outstanding, according to the fundamentals of the company, is set at 255.60M, equal to the value of $1.13B in market capitalization. In the last 30 days, Central European Media Enterprises Ltd. shares went down by -12.13%, adding 5.03 to growth in value, on top of a +2.08% boost since 10/08/19.
Central European Media Enterprises Ltd. (NASDAQ:CETV) Analyst’s Estimates
According to the average analyst rating, Central European Media Enterprises Ltd. would be rated as Buy. Out of 3 different analysts monitoring CETV stock, 2 analysts rate the stock as a BUY, 0 suggest to give the rating of HOLD, 1 indicate that CETV is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On September 22, 2016, the stock earned a Initiated rating due to a new analyst call from Wunderlich, while analysts from Morgan Joseph believe that the stock is set at Buy, as concluded on October 27, 2011. Morgan Joseph, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on April 26, 2011.
Regardless of the rating, Jefferies did increase their price to $24 as they are considering target share price analysis. Thomas Weisel, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on January 21, 2010, giving the stock a Market Weight from the Underweight rating.
CETV Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +42.02% has been attained, while the operating margin has been recorded at +25.23%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 6.23%. Beta value of the stock is recorded at 1.24. Additionally, Central European Media Enterprises Ltd. is recording price volatility of 0.68% for the period of the last seven days and 1.91% in the last 30 days.
Central European Media Enterprises Ltd. (NASDAQ:CETV) Technical Outlook
For the period of the last 50 days, Central European Media Enterprises Ltd. had its Raw Stochastic average set at 14.08% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 6.15%. Stochastic %K for Central European Media Enterprises Ltd., with the last 20 days included, was set at 7.69%, having Stochastic %D topping 11.48%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Central European Media Enterprises Ltd. stocks with recording 58.99% in metrics.
Central European Media Enterprises Ltd. Insider Watch:
Similarly, 65.29% of the company’s float is held by institutions – and there are 116 institutions in total holding shares of this company. The top three institutional holders of CETV stocks are: Blackrock Inc. with ownership of $23.0 million, which is approximately 5460790 of the company’s shares; NN Investment Partners Holdings N.V., holding 2095766 shares of the stock with an approximate value of $9.0 million; and Price (T.Rowe) Associates Inc, currently with more than 1971212 shares of the company valued at $8.0 million. Positions in Central European Media Enterprises Ltd. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 8 insider purchases amounting to 273374 shares.