E.W. Scripps Company (The) (SSP) has been under a strong bear grip, hence the stock is down -7.6% 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 0.47% in the past 1 week. The stock has risen by 0.63% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.09% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.4% and the 50-Day Moving Average is 3.83%.The 200 Day SMA reached 5.7%
E.W. Scripps Company (The) (NYSE:SSP): After opening at $15.63, the stock dipped to an intraday low of $15.46 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $16.04 and the buying power remained strong till the end. The stock closed at $15.9 for the day, a gain of 2.19% for the day session. The total traded volume was 615,783. The stocks close on the previous trading day was $15.9.
E.W. Scripps Company (The) (SSP) : 2 investment research analysts covering E.W. Scripps Company (The) (SSP) have an average price target of $21.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $25 and the lowest target is $18 for the short term. Analysts expect the variance to be within $4.95 of the average price.
The E.W. Scripps Company serves audiences and businesses through a portfolio of television, radio and digital media brands. The Company is a television (TV) station owners, with approximately 33 television stations in 24 markets and a reach of nearly one in five United States households. It also owns approximately 34 radio stations in eight markets. The Company also runs an expanding collection of local and national digital journalism and information businesses, including Midroll Media, over-the-top video news service Newsy and weather app developer WeatherSphere. The Company also produces television shows, including The List and The Now.