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Daily Technical Summary Reports on TV Broadcasters Stocks -- Sinclair Broadcast, Scripps Networks Interactive, Gray Television, and Nexstar Media
[June 19, 2017]

Daily Technical Summary Reports on TV Broadcasters Stocks -- Sinclair Broadcast, Scripps Networks Interactive, Gray Television, and Nexstar Media


NEW YORK, June 19, 2017 /PRNewswire/ --

Pre-market, DailyStockTracker.com assesses Sinclair Broadcast Group Inc. (NASDAQ: SBGI), Scripps Networks Interactive Inc. (NASDAQ: SNI), Gray Television Inc. (NYSE: GTN), and Nexstar Media Group Inc. (NASDAQ: NXST). Companies in the TV Broadcasting industry broadcast television programs for free to the public and for cable subscribers. Register now and get full and free access to these DailyStockTracker.com research reports at:

http://dailystocktracker.com/register/

Sinclair Broadcast 

Hunt Valley, Maryland headquartered Sinclair Broadcast Group Inc.'s shares recorded a trading volume of 2.50 million shares last Friday, which was above their three months average volume of 2.17 million shares. The stock finished the trading session 2.90% lower at $35.10. The Company's shares have gained 8.00% in the last one month and 5.25% since the start of this year. The stock is trading above its 200-day moving average by 4.66%. Furthermore, shares of Sinclair Broadcast, which operates as a television broadcasting company in the US, have a Relative Strength Index (RSI) of 50.37.

On June 02nd, 2017, Sinclair Broadcast announced that, following the retirement of Jack Connors, Joseph Fishleigh has been promoted to General Manager for WLOS-TV (ABC) in the Asheville, NC/Greenville, SC market. Mr. Fishleigh will also be responsible for the oversight of WMYA-TV (MNT), which is programmed by the Company under a time brokerage agreement. The announcement was made by Steve Marks, the Company's television group EVP and COO. Access our complete research report on SBGI for free at:

http://dailystocktracker.com/registration/?symbol=SBGI

Scripps Networks Interactive 

On Friday, Knoxville, Tennessee headquartered Scripps Networks Interactive Inc.'s stock ended the session 0.46% lower at $67.35. A total volume of 1.66 million shares was traded, which was above their three months average volume of 1.37 million shares. The Company's shares have gained 1.28% in the last one month. The stock is trading 4.76% below its 50-day moving average. Moreover, shares of Scripps Networks Interactive, which develops lifestyle-oriented content in the US, the UK and other European markets, Middle-East and Africa, Asia/Pacific, and Latin America, have an RSI of 45.49.

On June 15th, 2017, Scripps Lifestyle Studios, a division of Scripps Networks Interactive, announced the launch of a new, global talent incubation unit designed to develop the next generation of lifestyle talent and influencers. The Scripps Lifestyle Experts group will enable the Company to further strengthen its digital business by enhancing its digital content, accelerating content creation, and offering additional integration opportunities to advertisers. The complimentary research report on SNI can be downloaded at:

http://dailystocktracker.com/registration/?symbol=SNI

Gray Television 

Atlanta, Georgia headquartered Gra Television Inc.'s stock ended the day 1.08% higher at $14.05 with a total trading volume of 651,381 shares. The Company's shares have gained 16.60% in the last month, 2.93% over the previous three months, and 29.49% on an YTD basis. The stock is trading 4.57% and 19.64% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Gray Television, which owns and operates television stations and digital assets in the US, have an RSI of 62.38.

On June 06th, 2017, Gray Television announced the promotion of veteran broadcasters to lead its television stations in four markets. In Burlington, Vermont, Jay Barton became the General Manager of WCAX-TV. In Bangor, Maine, Kim Lee has become the General Manager of WABI-TV5. In Gainesville, Florida, Alan Chatman has become General Manager of WCJB-TV. In Charlottesville, Virginia, Eric Krebs has succeeded Mr. Barton as the General Manager of WCAV-TV, WVAW-LP, and WAHU-CD. Register for free on DailyStockTracker.com and get access to the latest report on GTN at:

http://dailystocktracker.com/registration/?symbol=GTN


Nexstar Media 

Shares in Irving, Texas headquartered Nexstar Media Group Inc. recorded a trading volume of 664,662 shares. The stock ended Friday's session 0.48% lower at $62.50. The Company's shares have gained 10.72% in the last month. The stock is trading above its 200-day moving average by 1.75%. Furthermore, shares of Nexstar Media, which operates as a television broadcasting and digital media company in the US, have an RSI of 55.14.

On June 14th, 2017, Nexstar Media Group, Sinclair Broadcast Group, Inc., and Univision Local Media, Inc. announced that Northwest Broadcasting has agreed to the terms, and is the first affiliate member of the consortium that will promote spectrum aggregation, innovation, and monetization, and enhance its abilities to compete in the wireless data transmission sector. The consortium has agreed to collaborate on a non-exclusive basis and continues to welcome the inclusion of other television broadcasting entities. Download your free research report on NXST at:

http://dailystocktracker.com/registration/?symbol=NXST

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