Shares of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) opened at $30.45, and ended -3.73% lower at $29.65. Nearly 1.49 million shares were traded by the close, lower than its average daily volume of 1.77 million shares.
Sinclair Broadcast Group, Inc. (SBGI) Analyst Opinion
Sinclair Broadcast Group, Inc. has a consensus buy rating from 5 Wall Street analysts, and the number of shares currently sold short amount to at least 18.37% of shares outstanding. The stock spiked 4.22% last month and is down -11.09 this year. Wall Street is only getting more bullish on the stock, with 5 of analysts who cover SBGI having a buy-equivalent rating. Analysts have placed a $49.75 price target on Sinclair Broadcast Group, Inc., suggesting a 67.79% gain from recent close. It’s currently trading about -31.13% below its 52-week high.
Sinclair Broadcast Group, Inc. Earnings Surprise
Sinclair Broadcast Group, Inc. (SBGI) revenue totaled $675.77 million up 3.98% from the previous quarter.
Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Intraday View
This stock (SBGI) is ahead of its 52-week low with 22.77%. Its last month’s stock price volatility remained 3.3% which for the week stands at 3.72%. The share price has moved backward from its 20 days moving average, trading at a distance of -1.76% and stays -1.75% away from its 50 days moving average. Over the last five days, shares have faced -8.06% losses and now is down -14.21% since hitting its 200-day moving average of $33.75. Sinclair Broadcast Group, Inc. (SBGI) has made its way to a 12-month gain of 9.49%.
Turning to Digirad Corporation (NASDAQ:DRAD), its shares were trading at $2.55 a retreat of $-0.1, on the trading floor. The stock, after opening at $2.65, touched a high of $2.65 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.5. Digirad Corporation has 1 buy ratings, 0 holds and 0 sells even after the stock tumbled -55.13% from its high of $4.1 to a $62.96 million market value through last close.
Digirad Corporation (NASDAQ:DRAD) Intraday Trading
The counter witnessed a trading volume of 0.37 million shares versus an average volume of 0.08 million shares during last trading session. Its last month’s stock price volatility remained 10.1% which for the week approaches 6.8%. The lowest price the stock reached in the last trading day was $2.55 and compares with the $2.55 52-week low. The stock recovered 10.87% since its low point and has performed -49% year-to-date.