The stocks of DISCA were part of a large decline in the short interest last month- with the short interest totaling 39,580,000 on the 15th of April. According to reports, this was a decline of about 32.9% from the total that was secured on the 31st of March.
The Stock Commentary Of DISCA
There have been quite a few research equities that have commented on the stocks of DISCA. Moffett Nathanson has already increased the price target of the company from $63 to $67 in a 25th March research report. Citigroup has also increased the price target of the company from $28 to $36 in a 6th January research report. Deutsche Bank has also gone down the same road and increased the price target of the company from $35 to $60 with a rating of buy in a 13th April research report. Credit Suisse Group decided to increase the price target of the company from $41 to $61 with a rating of “outperform” in a 1st March research report.
One of the research analysts covering the firm has given it a rating of sell, while twelve others have given it a rating of hold. Almost seven others have given the company a rating of buy. Currently, DISCA has a hold rating with a $39.48 price target.
The stocks of DISCA traded on Friday at $37.66. The moving average price of the company over a period of 50 days is $49.74, with the moving average price of the company over a period of 200 days set at $38.02. The year low of the company is $18.56, with the year high set at $78.14. The current ratio of the company is 1.99, with a 1.99 quick ratio, and a 1.29 debt-to-equity ratio. The market cap of the firm is $18.35 billion, with an 18.28 PE ratio, a 0.88 PEG ratio, and a 1.53 beta.