Liberty Media Corporation (LMCK) : Traders are bullish on Liberty Media Corporation (LMCK) as it has outperformed the S&P 500 by a wide margin of 27.17% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 20.19%, 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 20.83% in the last 1 week, and is up 24.6% 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 20.94% and the 50-Day Moving Average is 25.83%.The 200 Day SMA reached 17.99% The Liberty Media Group is up 50.08% in the last 3-month period. Year-to-Date the stock performance stands at -2.61%.
Liberty Media Corporation (LMCK) : The most positive equity analysts on Liberty Media Corporation (LMCK) expects the shares to touch $49, whereas, the least positive believes that the stock will trade at $19 in the short term. The company is covered by 2 Wall Street Brokerage Firms. The average price target for shares are $34 with an expected fluctuation of $21.21 from the mean.
Company shares have received an average consensus rating of Hold for the current week Liberty Media Corporation (NASDAQ:LMCK): The stock was completely flat for the day, closing at $27.15 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $27.47, the stock touched an intraday high of $27.47 and a low of $26.77. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $27.15. The total trading volume on Friday was 1,565,183.
Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. The Companys businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc., and its equity affiliate Live Nation Entertainment, Inc. SIRIUS XM broadcasts music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its two satellite radio systems. Atlanta National League Baseball Club, Inc. (ANLBC) owns and operates the Atlanta Braves Major League Baseball (MLB) franchise and five league baseball clubs. Live Nation Entertainment, Inc. (Live Nation) has four business segments: Concerts, Ticketing, Artist Nation and Sponsorship & Advertising.