Warner Bros. Discovery Inc. (NASDAQ:WBD) went up by 5.00% from its latest closing price compared to the recent 1-year high of $31.55. The company’s stock price has collected 3.94% of gains in the last five trading sessions.
Is It Worth Investing in Warner Bros. Discovery Inc. (NASDAQ :WBD) Right Now?
Plus, the 36-month beta value for WBD is at 1.39.
WBD currently public float of 2.19B and currently shorts hold a 4.25% ratio of that float. Today, the average trading volume of WBD was 24.61M shares.
WBD’s Market Performance
WBD stocks went up by 3.94% for the week, with a monthly drop of -16.43% and a quarterly performance of -16.37%, while its annual performance rate touched -55.70%. The volatility ratio for the week stands at 4.83% while the volatility levels for the past 30 days are set at 6.59% for Warner Bros. Discovery Inc. The simple moving average for the period of the last 20 days is -1.18% for WBD stocks with a simple moving average of -34.64% for the last 200 days.
Analysts’ Opinion of WBD
Wells Fargo, on the other hand, stated in their research note that they expect to see WBD reach a price target of $19, previously predicting the price at $42. The rating they have provided for WBD stocks is “Equal Weight” according to the report published on August 05th, 2022.
Goldman gave a rating of “Buy” to WBD, setting the target price at $22 in the report published on July 26th of the current year.
WBD Trading at -5.56% from the 50-Day Moving Average
After a stumble in the market that brought WBD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.06% of loss for the given period.
Volatility was left at 6.59%, however, over the last 30 days, the volatility rate increased by 4.83%, as shares sank -12.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.78% lower at present.
During the last 5 trading sessions, WBD rose by +3.94%, in comparison to the 20-day moving average, which settled at $11.39. In addition, Warner Bros. Discovery Inc. saw -51.83% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at WBD starting from Zeiler Gerhard, who purchase 20,000 shares at the price of $14.69 back on Aug 08. After this action, Zeiler Gerhard now owns 230,507 shares of Warner Bros. Discovery Inc., valued at $293,800 using the latest closing price.
YANG GEOFFREY Y, the Director of Warner Bros. Discovery Inc., purchase 58,296 shares at $18.79 during a trade that took place back on May 05, which means that YANG GEOFFREY Y is holding 35,653 shares at $1,095,275 based on the most recent closing price.
Stock Fundamentals for WBD
Equity return is now at value -17.10, with -6.10 for asset returns.