Starz (NASDAQ:STRZA) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 2, 2016
Zacks Investment Research has downgraded Starz (NASDAQ:STRZA) to Strong Sell in a statement released on Wednesday September 28, 2016.
Boasting a price of $31.30, Starz (NASDAQ:STRZA) traded -0.42% lower on the day. With the last stock price close up 9.09% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Starz has recorded a 50-day average of $31.30 and a two hundred day average of $28.59. Volume of trade was up over the average, with 1,402,332 shares of STRZA changing hands over the typical 1,299,670
With a total market value of $0, Starz has price-earnings ratio of 15.44 with a one year low of $20.33 and a one year high of $40.69 .
A total of 10 equity analysts have released a ratings update on STRZA. zero equity analysts rating the company a strong buy, four equity analysts rating the company a buy, eight equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $31.44.
Brief Synopsis About Starz (NASDAQ:STRZA)
Starz is an integrated media and entertainment company. The Company provides subscription video programming in the United States to cable operators, satellite television providers, telecommunications companies and online video providers. The Company's segments include Starz Networks and Starz Distribution. The Starz Networks segment provides subscription video programming to the United States multichannel video programming distributors (MVPDs), including cable operators (such as Comcast and Time Warner Cable), satellite television providers (such as DIRECTV and DISH Network) and telecommunications companies (such as AT&T and Verizon). The Starz Distribution segment includes the operations of its Anchor Bay Entertainment, Starz Digital and Starz Worldwide Distribution businesses. It also develops, produces and acquires entertainment content and distributes this content to consumers in the United States and throughout the world.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.