E.W. Scripps Company (The) (NYSE:SSP) : Traders are bullish on E.W. Scripps Company (The) (NYSE:SSP) as it has outperformed the S&P 500 by a wide margin of 0.06% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.7%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 6.04% in the last 1 week, and is up 1.67% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -21.02% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $23.24 and the one year low was seen on May 5, 2016. The 50-Day Moving Average price is $16.64 and the 200 Day Moving Average price is recorded at $16.84.
The stock has recorded a 20-day Moving Average of 2.39% and the 50-Day Moving Average is 5.22%.
E.W. Scripps Company (The) (NYSE:SSP): stock turned positive on Friday. Though the stock opened at $16.34, the bulls momentum made the stock top out at $17.11 level for the day. The stock recorded a low of $16.34 and closed the trading day at $17.02, in the green by 5.13%. The total traded volume for the day was 811,694. The stock had closed at $16.19 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior VP/Chief Admin. Officer) of E.W. Scripps Co, Knutson Lisa A had sold 25,544 shares worth of $452,129 in a transaction dated March 10, 2016. In this transaction, 25,544 shares were sold at $17.7 per share.
The E.W. Scripps Company serves audiences and businesses through a portfolio of television, radio and digital media brands. The Company is a television (TV) station owners, with approximately 33 television stations in 24 markets and a reach of nearly one in five United States households. It also owns approximately 34 radio stations in eight markets. The Company also runs an expanding collection of local and national digital journalism and information businesses, including Midroll Media, over-the-top video news service Newsy and weather app developer WeatherSphere. The Company also produces television shows, including The List and The Now.