Shares of Lions Gate Entertainment Corporation (LGF) Rally 4.76%

Lions Gate Entertainment Corporation (LGF) has been under a strong bear grip, hence the stock is down -10.16% 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 3.22% in the past 1 week. The stock has risen by 4.76% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.23% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 0.64% and the 50-Day Moving Average is 3.63%.

Lions Gate Entertainment Corporation (NYSE:LGF): The stock opened at $20.10 on Friday but the bulls could not build on the opening and the stock topped out at $20.10 for the day. The stock traded down to $19.73 during the day, due to lack of any buying support eventually closed down at $20.01 with a loss of -0.25% for the day. The stock had closed at $20.06 on the previous day. The total traded volume was 1,717,024 shares.


The company Insiders own 35.3% of Lions Gate Entertainment Corporation shares according to the proxy statements. Institutional Investors own 94.2% of Lions Gate Entertainment Corporation shares. In a related news,The director of Lions Gate Entertainment Corp /Cn/, Paterson Scott sold 40,000 shares at $37.42 on November 17, 2015. The Insider selling transaction had a total value worth of $1,496,800. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Lions Gate Entertainment Corp. is engaged in motion picture production and distribution, television programming and syndication, home entertainment, digital distribution, channel platforms and international distribution and sales. The Company operates through two segments: Motion Pictures and Television Production. The Companys Motion Pictures segment consists of the development and production of feature films, acquisition of North American and global distribution rights, North American theatrical, home entertainment and television distribution of feature films produced and acquired, and global licensing of distribution rights to feature films produced and acquired. The Companys Television Production segment consists of the development, production and global distribution of television productions, including television series, television movies and mini-series and non-fiction programming.

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