Why is The Walt Disney Company (DIS) down -1.79% from the day 1 this year?

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At the end of the latest market close, The Walt Disney Company (DIS) was valued at $133.36. In that particular session, Stock kicked-off at the price of $134.28 while reaching the peak value of $135.55 and lowest value recorded on the day was $132.26. The stock current value is $135.47.

Recently in News on September 3, 2020, The Walt Disney Company to Participate in the Bank of America Virtual 2020 Media, Communications & Entertainment Conference. Christine McCarthy, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company (NYSE: DIS), will participate in a question-and-answer session at the Bank of America Virtual 2020 Media, Communications & Entertainment Conference on Thursday, September 10, 2020 at approximately 11:25 a.m. PDT/ 2:25 p.m. EDT. You can read further details here

The Walt Disney Company had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $148.20 on 01/02/20, with the lowest value was $79.07 for the same time period, recorded on 03/18/20.

The Walt Disney Company (DIS) full year performance was -1.79%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, The Walt Disney Company shares are logging -11.69% during the 52-week period from high price, and 71.33% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $79.07 and $153.41.

The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 3150683 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the The Walt Disney Company (DIS) recorded performance in the market was -7.79%, having the revenues showcasing 9.15% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 243.27B, as it employees total of 223000 workers.

Analysts verdict on The Walt Disney Company (DIS)

During the last month, 14 analysts gave the The Walt Disney Company a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 10 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 118.58, with a change in the price was noted +33.26. In a similar fashion, The Walt Disney Company posted a movement of +32.52% for the period of last 100 days, recording 14,664,060 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DIS is recording 0.75 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.63.

The Walt Disney Company (DIS): Technical Analysis

Raw Stochastic average of The Walt Disney Company in the period of last 50 days is set at 93.20%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 83.96%. In the last 20 days, the company’s Stochastic %K was 73.13% and its Stochastic %D was recorded 64.38%.

Let’s take a glance in the erstwhile performances of The Walt Disney Company, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -7.79%. Additionally, trading for the stock in the period of the last six months notably improved by 26.40%, alongside a downfall of -1.79% for the period of the last 12 months. The shares increased approximately by -0.14% in the 7-day charts and went down by 3.55% in the period of the last 30 days. Common stock shares were driven by 9.15% during last recorded quarter.