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Quotidian Technical Highlights on Selected Radio Broadcasters Stocks — Liberty SiriusXM, Sirius XM, Entercom Communications, and Pandora MediaPosted by:Consultant, December - 03 - 2017
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on LSXMA, SIRI, ETM, and P which is a click away at www.wallstequities.com/registration. Featured on WallStEquities.com today is the Radio Broadcasting industry, which consists of broadcasting stations, networks, and syndicates that transmit audio programming through AM, FM, and satellite radio channels. Equities under assessment this morning are The Liberty SiriusXM Group (NASDAQ: LSXMA), Sirius XM Holdings Inc. (NASDAQ: SIRI), Entercom Communications Corp. (NYSE: ETM), and Pandora Media Inc. (NYSE: P). Wall St. Equities has a wide array of free research reports which include today’s stock picks, register now to access them at www.wallstequities.com/registration
Liberty SiriusXM Group
On Thursday, shares in Colorado headquartered The Liberty SiriusXM Group recorded a trading volume of 816,297 shares, which was above their three months average volume of 505,510 shares. The stock ended at $40.77, declining 0.10% from the last trading session. The Company’s shares have gained 18.11% on a YTD basis. The stock is trading slightly below 200-day moving average by 0.55%. Furthermore, shares of Liberty SiriusXM have a Relative Strength Index (RSI) of 44.64.
On November 09th, 2017, Liberty Media Corporation, which comprises Liberty SiriusXM Group, announced the latter’s results for Q3 2017. Revenue for Q3 2017 was $1.4 billion, net income was $276 million, and diluted EPS was $0.06. Adjusted EBITDA was a quarterly record of $551 million, operating cash flow rose to $521 million, and free cash flow grew to a quarterly record of $434 million. Follow the link below to your free research report on LSXMA at www.wallstequities.com/registration/?symbol=LSXMA
Sirius XM Holdings
New York-headquartered Sirius XM Holdings Inc.’s stock finished yesterday’s session 0.36% higher at $5.50 with a total trading volume of 15.93 million shares. The Company’s shares have gained 1.10% in the last one month and 23.60% on a YTD basis. The stock is trading above its 200-day moving average by 3.02%. Furthermore, shares of Sirius XM, which provides satellite radio services in the US, have an RSI of 54.36.
On November 08th, 2017, Sirius XM announced a new line-up of exclusive programming for its Urban View channel on Sunday mornings. The new Sunday line-up features thought-provoking programming, including powerful sermons from today’s leading pastors, discussions on financial security, civics, health, wellness, and more. These new programs air Sundays on SiriusXM Urban View Channel 126, starting at 6:00 a.m. ET. The free technical report on SIRI can be accessed at www.wallstequities.com/registration/?symbol=SIRI
At the close of trading on Thursday, shares in Pennsylvania-based Entercom Communications Corp. saw a correction of 4.13%, ending the day at $11.60. The stock recorded a trading volume of 6.32 million shares, which was above its three months average volume of 3.39 million shares. The Company’s shares have advanced 4.98% in the last one month and 12.62% in the previous three months. The stock is trading 1.52% and 1.91% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Entercom Communications, which operates as a radio broadcasting company in the US, have an RSI of 51.08.
On November 22nd, 2017, Entercom Communications (ETM) and the Philadelphia Eagles announced a seven-year agreement to extend their 25-year partnership with SportsRadio 94.1 (WIP-FM) beginning with the 2018 NFL season. This deal is part of ETM’s strategy to expand on its position as the unrivaled leader in sports radio after the Company’s successful completion of its merger with CBS Radio. Sign up for free on Wall St. Equities and claim the latest report on ETM at www.wallstequities.com/registration/?symbol=ETM
California headquartered Pandora Media Inc.’s shares ended the day 1.38% lower at $5.00. A total volume of 10.38 million shares was traded, which was above their three months average volume of 8.76 million shares. The stock is trading 26.29% below its 50-day moving average. Additionally, shares of Pandora Media, which provides Internet music platform services in North America, have an RSI of 30.80.
On November 03rd, 2017, research firm SunTrust downgraded the Company’s stock rating from ‘Buy’ to ‘Hold’.
On November 07th, 2017, Pandora Media announced ‘Up Close’ with Luke Bryan, an intimate live concert experience celebrating the release of his sixth studio album, What Makes You Country, due out on December 08th, 2017. The live concert will be held on December 06th, 2017 at the Altman Building in New York City. Bryan curated an exclusive mixtape for the Company’s listeners to hear music from his new album and receive details on the free, live event. See the free research coverage on P at www.wallstequities.com/registration/?symbol=P
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