E.W. Scripps Co. (NASDAQ: SSP) is -56.82% lower on its value in year-to-date trading and has touched a low of $2.93 and a high of $11.02 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SSP stock was last observed hovering at around $3.30 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $3.45, the stock is -2.29% and -20.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 4.70% at the moment leaves the stock -49.14% off its SMA200. SSP registered -62.00% loss for a year compared to 6-month loss of -44.08%.
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The stock witnessed a -0.86% gain in the last 1 month and extending the period to 3 months gives it a -52.35%, and is 6.65% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.16% over the week and 9.94% over the month.
E.W. Scripps Co. (SSP) has around 5200 employees, a market worth around $291.94M and $2.29B in sales. Profit margin for the company is -43.53%. Distance from 52-week low is 17.75% and -68.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-23.93%).
The EPS is expected to grow by 388.30% this year
The shares outstanding are 72.84M, and float is at 60.77M with Short Float at 8.77%.
E.W. Scripps Co. (SSP) Insider Activity
The most recent transaction is an insider purchase by Scagliotti R. Michael, the company’s 10% Owner. SEC filings show that Scagliotti R. Michael bought 2,300 shares of the company’s common stock on Mar 13 ’24 at a price of $4.16 per share for a total of $9568.0. Following the purchase, the insider now owns 41747.0 shares.
E.W. Scripps Co. disclosed in a document filed with the SEC on Feb 29 ’24 that Barmonde Charles L. (Director) bought a total of 10,500 shares of the company’s common stock. The trade occurred on Feb 29 ’24 and was made at $4.28 per share for $44970.0. Following the transaction, the insider now directly holds 0.64 million shares of the SSP stock.
Still, SEC filings show that on Feb 28 ’24, Scripps John Patrick (10% Owner) acquired 2,100 shares at an average price of $4.50 for $9460.0. The insider now directly holds 3,236 shares of E.W. Scripps Co. (SSP).
