Today’s Research Reports on Trending Tickers: Time Warner and Twenty-First Century Fox
U.S. markets were relatively quiet following the summit between President Donald Trump and North Korean leader Kim Jong Un in Singapore. The Dow Jones Industrial Average declined 0.01 percent to close at 25,320.73, while the S&P 500 Index rose 0.17 percent to close at 2,786.85. The Nasdaq Composite Index gained 0.57 percent to close at 7,703.79. On Tuesday, President Trump and North Korean leader Kim Jong Un signed an agreement pledging to creating a "peace regime" on the Korean peninsula.
“It is a relatively quiet day because investors are reluctant to make any big bets ahead of two central bank meetings,” said Mark Kepner, managing director of sales and trading at Themis Trading, according to MarketWatch.
RDI Initiates Coverage on:
Time Warner Inc.
Twenty-First Century Fox, Inc.
Time Warner’s stock moved 0.05% higher Tuesday, to close the day at $96.22. The stock recorded a trading volume of 23,047,525 shares, which was above its three months average volume of 5,475,582 shares. In the last year, Time Warner’s shares have traded in a range of 85.88 – 103.90. The share price has gained 12.04% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $94.12 is above its 200-day moving average of $93.80. Shares of the company are trading at a Price to Earnings ratio of 14.50. Shares of Time Warner have gained roughly 2.57 percent in the past month and are up 5.19 percent year-to-date.
Access RDI’s Time Warner Inc. Research Report at:
On Tuesday, shares of Twenty-First Century Fox recorded a trading volume of 12,014,054 shares, which was above the three months average volume of 9,501,073 shares. The stock ended the day 1.02% higher at $40.54. The share price has fallen 1.39% from its 52 week high with a 52 week trading range of 24.81 – 41.11. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $37.97 is above its 200-day moving average of $36.52. Shares of the company are trading at a Price to Earnings ratio of 18.74. Shares of Twenty-First Century Fox have gained roughly 6.85 percent in the past month and are up 17.41 percent year-to-date.
Access RDI’s Twenty-First Century Fox, Inc. Research Report at:
Our Actionable Research on Time Warner Inc. (NYSE:TWX) and Twenty-First Century Fox, Inc. (NASDAQ:FOXA) can be downloaded free of charge at Research Driven Investing.
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