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Technical Snapshots for These Entertainment Stocks -- Comcast, Viacom, CBS Corp., and IMAX
[November 16, 2017]

Technical Snapshots for These Entertainment Stocks -- Comcast, Viacom, CBS Corp., and IMAX


NEW YORK, Nov. 16, 2017 /PRNewswire/ -- If you want a Stock Review on CMCSA, VIAB, CBS, or IMAX then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. In today's pre-market research, DailyStockTracker.com scans the following four stocks: Comcast Corp. (NASDAQ: CMCSA), Viacom Inc. (NASDAQ: VIAB), CBS Corp. (NYSE: CBS), and IMAX Corp. (NYSE: IMAX). These companies operate in the Entertainment Diversified industry, which develops, markets, and operates theme parks, media networks, and other entertainment services. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at: http://dailystocktracker.com/register/

Comcast

Shares in Philadelphia, Pennsylvania headquartered Comcast Corp. rose 0.87%, ending Wednesday's trading session at $37.18. The stock recorded a trading volume of 19.64 million shares. The Company's shares have gained 1.95% in the last one month and 7.69% on an YTD basis. The stock is trading 0.15% below its 50-day moving average. Moreover, shares of Comcast, which operates as a media and technology company worldwide, have a Relative Strength Index (RSI) of 55.40.

On October 27th, 2017, research firm Pivotal Research Group reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $48 a share to $50 a share.

On November 09th, 2017, Comcast announced that on December 15th, 2017, it will redeem all $287.5 million principal amount outstanding of its 5.000% Senior Notes due December 15th, 2061, (CUSIP No. 20030N606) at a redemption price of $25.00 per Note (100.00% of the principal amount thereof), plus accrued but unpaid interest to, but excluding, the redemption date. The Notes are traded on the NYSE under the symbol "CCV". Visit us today and access your complete report on CMCSA for free at: http://dailystocktracker.com/registration/?symbol=CMCSA

Viacom

New York headquartered Viacom Inc.'s stock climbed 0.29%, closing the day at $24.61. A total volume of 5.85 million shares was traded, which was above their three months average volume of 5.27 million shares. The Company's shares are trading 6.19% below their 50-day moving average. Additionally, shares of Viacom, which operates as media brand worldwide, have an RSI of 45.63.

On November 10th, 2017, Viacom announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on both the Company's Class A and Class B common stocks. The dividend will be payable on January 02nd, 2018, to stockholders of record at the close of business on December 15th, 2017. The complimentary research report on VIAB can be accessed at: http://dailystocktracker.com/registration/?symbol=VIAB

CBS Corp.

On Wednesday, shares in New York headquartered CBS Corp. recorded a trading volume of 30.04 million shares, which was higher than their three months average volume of 5.10 million shares. The stock ended the da 0.66% lower at $56.04. The Company's shares are trading below their 50-day moving average by 3.09%. Furthermore, shares of CBS Corp., which operates as a mass media company worldwide, have an RSI of 44.85.



On November 01st, 2017, CBS Corp. announced that it has named Radha Subramanyam, one of the Media industry's top research and analytics experts, as Executive Vice President, Chief Research and Analytics Officer, CBS Television Network, effective November 06th, 2017. Subramanyam will report to David Poltrack, Chief Research Officer, CBS Corporation and President, CBS Vision, while also working closely with Leslie Moonves, Chairman and CEO, CBS Corporation, and his Television Network leadership team.

On November 03rd, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $77 a share to $66 a share. Register for free on DailyStockTracker.com and download the research report on CBS at: http://dailystocktracker.com/registration/?symbol=CBS


IMAX Corp.

Mississauga, Canada headquartered IMAX Corp.'s stock rose 1.05%, finishing yesterday's session at $24.10 with a total trading volume of 533,087 shares. The Company's shares have advanced 17.56% in the last one month and 28.53% in the previous three months. The stock is trading above its 50-day moving average by 8.13%. Additionally, shares of IMAX, which together with its subsidiaries, operates as an entertainment technology company specializing in motion picture technologies and presentations worldwide, have an RSI of 59.55.

On October 30th, 2017, research firm Barrington Research upgraded the Company's stock rating from 'Market Perform' to 'Outperform', with a target price of $32 per share.

On November 06th, 2017, IMAX announced that CEO Richard L. Gelfond will present at the MKM Partners Entertainment, Travel & Technology Conference on November 16th, 2017, at 11:40 a.m. ET. Get free access to your research report on IMAX at: http://dailystocktracker.com/registration/?symbol=IMAX

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