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 4.75% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.44%, 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 0.95% in the last 1 week, and is up 4.61% 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 1.71% and the 50-Day Moving Average is 4.14%.The 200 Day SMA reached 3.85%. Grupo Televisa, S.A.B. is up 6.92% in the last 3-month period. Year-to-Date the stock performance stands at 2.05%.
Grupo Televisa S.A. (NYSE:TV): After opening at $27.14, the stock dipped to an intraday low of $27.14 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $27.785 and the buying power remained strong till the end. The stock closed at $27.67 for the day, a gain of 1.80% for the day session. The total traded volume was 1,149,205. The stocks close on the previous trading day was $27.18.
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.