[ACCESSWIRE]
LONDON, UK / ACCESSWIRE / July 12, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the CATV Systems industry. Companies recently under review include Netflix, Liberty Global, Discovery Communications, and Charter Communications. See our complete notes on Netflix at:
http://www.activewallst.com/registration-3/?symbol=NFLX
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Media evolution and heightened competition continue to transform the CATV Systems industry's structure. Firms are racing against each other for increased viewership by coming up with unique marketing and advertising strategies. Let us see how this is affecting some of the big names in the industry. Register with us now for your free membership and more at:
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Active Wall St. takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.
Netflix Inc. (NASDAQ: NFLX)
On Monday, shares in Los Gatos, California headquartered Internet television network, Netflix Inc., recorded a trading volume of 13.25 million shares, which was above their three months average volume of 13.13 million shares. The stock ended the day at $94.67, which was a decline of 2.46%. The Company's shares are trading above their 50-day moving average by 0.87%. Furthermore, shares of Netflix, which engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens, have a Relative Strength Index (RSI) of 52.47.
On July 05, 2016, Netflix announced that it has reached an agreement with cable titan Comcast Corp. (NASDAQ: CMCSA) that will allow customers to stream Netflix through their Comcast X1 set-top box like a regular cable channel.
On July 06, 2016, research firm Jefferies downgraded the Company's stock rating from 'Hold' to 'Underperform'. The research firm also revised downwards its previous target price from $120 to $80.
Liberty Global PLC (NASDAQ: LBTYK)
London, the U.K. based Liberty Global PLC's stock finished yesterday's session 0.21% higher at $28.76 and with a total volume of 3.65 million shares traded. Shares of the Company, which together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, and mobile services in Europe, Chile, Puerto Rico, and globally, are trading below their 50-day moving average by 15.97%. The stock has an RSI of 38.74.
On July 07, 2016, Reuters reported that Dutch market regulator, Authority for Consumers and Markets has approached the European Union Commission for permission to conduct an antitrust review of the proposed merger between Liberty Global's LBTYA Dutch cable company Ziggo and Vodafone Group Plc.'s VOD Dutch operations. The complimentary notes on LBTYK can be accessed at:
http://www.activewallst.com/registration-3/?symbol=LBTYK
Discovery Communications Inc. (NASDAQ: DISCA)
At the closing bell on Monday, shares in Silver Spring, Maryland headquartered Discovery Communications Inc. saw a drop of 1.44%, ending the day at $25.25. The stock recorded a trading volume of 4.11 million shares, which was higher than its three months average volume of 3.58 million shares. The Company's shares are trading 5.42% below their 50-day moving average. Moreover, shares of Discovery Communications, which operates as a media company globally, have an RSI of 43.74.
On June 23, 2016, Discovery Communications announced that it has signed its eighth Olympic broadcasting deal after they reached an agreement with the Hungarian Public Service Media to screen the event from Pyeongchang, South Korea, 2018 through to the 2024 edition of the Games, which could be held in Budapest. Register for free and access the latest notes on DISCA at:
http://www.activewallst.com/registration-3/?symbol=DISCA
Charter Communications Inc. (NASDAQ: CHTR)
Stamford, Connecticut headquartered Charter Communications Inc.'s stock ended the day 1.14% higher at $239.87 and with a total volume of 1.29 million shares traded. The Company's shares have gained 7.58% in the last month, 19.71% over the previous three months, and 31.00% on an YTD basis. The stock is trading 8.39% above its 50-day moving average and 23.66% above its 200-day moving average. Additionally, shares of Charter Communications, which through its subsidiaries provide cable services in the U.S., have an RSI of 69.79. On June 20th, 2016, research firm Wunderlich reiterated its 'Buy' rating with an increase of the target price to $280 a share from $254 a share for the Company's stock. Get free access to your notes on CHTR at:
http://www.activewallst.com/registration-3/?symbol=CHTR
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SOURCE: Active Wall Street
