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Recent Volatility Keeps Warner Bros. Discovery Shares Down

February 17, 2023
minute read

The stock price of Warner Bros. Discovery Inc. (NASDAQ: WBD) has decreased by 0.26 since its previous closing price of 15.35. Trade Algo reported on 02/08/23 that Warner Bros. to keep Discovery+ as a standalone streaming option. However, the stock has gained 6.54% in the last five trading sessions.

Additionally, the beta value for WBD for the 36-month period is 1.52. Analysts have varying opinions on the stock, with 13 analysts rating it as a "buy," one as an "overweight," 12 as a "hold," and one as a "sell."

Analysts recommend Warner Bros. at an average price. Discovery Inc. (WBD) is trading at $20.53, a $5.05 premium to its current market price. Currently, short sellers hold 3.55% of WBD's public float, which is 2.19B. Shares of WBD traded on average 26.04 million times on February 17, 2023.

There has been an increase of 6.54% in the stock price of WBD over the past week, with a gain of 21.60% on a monthly basis and a gain of 35.13% on a quarterly basis. For Warner Bros. Discovery Inc. (WBD) stock, the volatility ratio for the week is 5.17%, and the volatility levels for the last 30 days are 4.89%. WBD stock has a simple moving average of 5.01% over the last 20 days and a simple moving average of 13.56% over the last 200 days.

Analysts’ Opinion of WBD

A number of brokerage firms have already submitted their reports regarding WBD stocks. According to Guggenheim, WBD stocks are expected to become a "Buy" over the next five years, and Guggenheim has predicted a $16.50 price for WBD in the next five years, based on the research report published on January 11th of the current year 2023.

According to Wells Fargo's report published on August 05th of the previous year, WBD was rated "Equal-Weight" with a target price of $19.

WBD Trading at 24.94% from the 50-Day Moving Average

Having fallen to its 52-week low after a stumble in the market, WBD has been unable to rebound, currently settling with a -500.20% loss for 52 weeks.

The volatility rate was left at 4.89%, although it increased by 5.17% over the last 30 days, with shares surging by 22.77% over the last 20 days. Currently, the stock has traded +37.31% higher over the past 50 days in opposition.

WBD rose by +6.54% in the last 5 trading sessions, which changed the moving average for the period of 200 days by -20.47% compared to the 20-day moving average, which closed at $14.72. Furthermore, Warner Bros. Discovery Inc. saw a 61.50% overturn over a single year, with further gains expected to be reduced.

Insider Trading

WBD is reported to have been the subject of more than a few insider trading activities during the past few months, starting with Zeiler Gerhard, who purchased 20,000 shares at the price of $14.69 back on August 8, according to reports. In total, Zeiler Gerhard now owns 230,507 shares of Warner Bros. as a result of this action. The most recent closing price of Discovery Inc. gives it a value of $293,800, based on the latest trading data.

The Director of Warner Bros. Discovery Inc., YANG GEOFFREY Y, purchased 58,296 shares at $18.79 during a trade that took place back on May 05, meaning that YANG GEOFFREY Y currently holds 35,653 shares at $1,095,275.

Stock Fundamentals for WBD

The company is currently profitable at:

  • +16.93 for the present operating margin
  • +49.11 for the gross margin

Currently, Warner Bros. Discovery Inc. has a net margin of +8.39. Asset returns are -6.10 and equity returns are -17.10.

Investors may also be interested in the liquidity ratio of 2.10.

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Bryan Curtis
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