Grupo Televisa S.A. (TV) has risen sharply, recording gains of 2.84% in the past 4 weeks. However, the stock has corrected -0.45% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.34% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Grupo Televisa S.A. (NYSE:TV): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.46 and $26.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.45, notching a gain of 0.15% for the day. The total traded volume was 3,289,467 . The stock had closed at $26.41 on the previous day.
The stock has recorded a 20-day Moving Average of 0.35% and the 50-Day Moving Average is 1.44%. Grupo Televisa, S.A.B. has dropped 3.83% during the last 3-month period . Year-to-Date the stock performance stands at -2.45%.
Grupo Televisa S.A. (TV) : The consensus price target for Grupo Televisa S.A. (TV) is $27.75 for the short term with a standard deviation of $3.71. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $32, however, the pessimist price target for the company is $22.
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.