Company Shares of Time (NYSE:TIME) Drops by -0.12%

Time (NYSE:TIME) : During the past 4 weeks, traders have been relatively bearish on Time (NYSE:TIME), hence the stock is down -4.07% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.39% relative to the S&P 500. The 4-week change in the price of the stock is -2.52% and the stock has fallen -0.12% in the past 1 week.

The company shares have dropped -30.69% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $24.03 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $16.28 and the 200 Day Moving Average price is recorded at $15.03.

The stock has recorded a 20-day Moving Average of 1.88% and the 50-Day Moving Average is 3.39%.


Time (NYSE:TIME): stock turned positive on Friday. Though the stock opened at $16.05, the bulls momentum made the stock top out at $16.33 level for the day. The stock recorded a low of $16.04 and closed the trading day at $16.26, in the green by 2.20%. The total traded volume for the day was 886,644. The stock had closed at $15.91 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 director of Time Inc., Bell David Arthur, had purchased 5,000 shares in a transaction dated on May 9, 2016. The transaction was executed at $15.06 per share with total amount equaling $75,300.

Time Inc. is a media company. The Companys brands include People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune and Food & Wine, as well as approximately 50 titles in the United Kingdom, such as Decanter and Horse & Hound. The Company is engaged in celebrated events and franchises, including the Fortune 500, Time 100, Peoples Sexiest Man Alive, Sports Illustrateds Sportsman of the Year, the Food & Wine Classic in Aspen, the Essence Festival and the biennial Fortune Global Forum. It also provides content marketing, targeted local print and digital advertising programs, book publishing and marketing and support services, including subscription sales services for magazines and other products, retail distribution and marketing services and customer service and fulfillment services, for the Company and third-party customers, including other magazine publishers.

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