A statement released earlier today by Wunderlich about Central European Media Enterprises Ltd. (NASDAQ:CETV) bumps the target price to $3.50
- Updated: September 24, 2016
Wunderlich bumped up the target of Central European Media Enterprises Ltd. (NASDAQ:CETV) to $3.50 stating a potential upside of 0.56%.
Showing a price of $2.24, Central European Media Enterprises Ltd. (NASDAQ:CETV) traded -0.86% lower on the day. The last stock close price is down -3.72% from the two hundred day average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $2.33 and a 200-day moving average of $2.40. 176,494 shares of the stock traded hands, up from an average trading volume of 159,291
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Central European Media Enterprises Ltd. has a 52 week low of $1.92 and a 52 week high of $2.96 The company’s market cap is currently $0.
General Information About Central European Media Enterprises Ltd. (NASDAQ:CETV)
Central European Media Enterprises Ltd. (CME Ltd.) is a media and entertainment company operating in Central and Eastern Europe. The Company's assets are held through a series of Dutch and Curacao holding companies. The Company manages its business on a geographical basis, with six segments: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia. It has broadcast operations in over six countries in Central and Eastern Europe, broadcasting a total of approximately 40 television channels. The Company enters into agreements with advertisers, advertising agencies and sponsors to place advertising on the television channels that the Company operates. The Company collects fees from cable and direct-to-home (DTH) operators for carriage of its channels. The programming that it provides consists of locally-produced news, current affairs, fiction, and reality and entertainment shows, as well as acquired foreign movies, series and sports programming.
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