Scripps Networks Interactive Inc (NYSE:SNI) has been under a strong bear grip, hence the stock is down -0.9% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.3% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.6% in the last 1 week, and is up 0.7% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -2.87% from its 1 Year high price. On Apr 4, 2016, the shares registered one year high at $68.44 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $63.22 and the 200 Day Moving Average price is recorded at $61.44.
The stock has recorded a 20-day Moving Average of 2.71% and the 50-Day Moving Average is 1.62%.
Scripps Networks Interactive Inc (NYSE:SNI): stock turned positive on Friday. Though the stock opened at $63.93, the bulls momentum made the stock top out at $64.65 level for the day. The stock recorded a low of $63.205 and closed the trading day at $64.41, in the green by 1.83%. The total traded volume for the day was 935,288. The stock had closed at $63.25 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Hale Mark S, officer (EVP, Global Operations & CTO) of Scripps Networks Interactive, Inc., had unloaded 8,118 shares at an average price of $64.65 in a transaction dated on May 13, 2016. The total value of the transaction was worth $524,829.
Scripps Networks Interactive, Inc. (SNI) is a developer of lifestyle-oriented content for linear and interactive video platforms, including television and the Internet brands. The Company manages its operations through its Lifestyle Media segment. Lifestyle Media includes its six national television networks, HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country. HGTV focuses on decorating, interior design, home remodeling, landscape design and real estate topics. Food Network programming content includes food-related topics. Travel Channel is a travel multi-media brand. DIY Network provides entertaining and informational programming content. Cooking Channel programming focuses on food information and instructional cooking. Great American Country offers the country music experience, music performance specials, live concerts and country music videos.