Shares of Grupo Televisa S.A. (TV) Rally 4.2%

Grupo Televisa S.A. (TV) : Traders are bullish on Grupo Televisa S.A. (TV) as it has outperformed the S&P 500 by a wide margin of 2.34% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.66%, 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 4.2% in the last 1 week, and is up 6.82% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 4.43% and the 50-Day Moving Average is 2.76%.

Grupo Televisa S.A. (NYSE:TV): The stock opened at $26.77 on Friday but the bulls could not build on the opening and the stock topped out at $26.96 for the day. The stock traded down to $26.70 during the day, due to lack of any buying support eventually closed down at $26.80 with a loss of -0.48% for the day. The stock had closed at $26.93 on the previous day. The total traded volume was 1,883,526 shares.


Institutional Investors own 51.07% of Grupo Televisa S.A. shares.

Grupo Televisa, S.A.B. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific. It exports its programs and formats to television networks around the world. It is also a Spanish-language magazine publisher. Its pay-television channels include three music, six movie, seven variety and entertainment channels and two sports channels. Its programs include telenovelas, newscasts, situation comedies, game shows, reality shows, childrens programs, comedy and variety programs, musical and cultural events, movies and educational programming. Its programming also includes broadcasts of special events and sports events in Mexico.

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