Zacks Investment Research downgraded DISH Network Corp (NASDAQ:DISH) to Sell in a report released today.
- Updated: October 14, 2016
Yesterday DISH Network Corp (NASDAQ:DISH) traded 0.67% higher at $57.58. The company’s 50-day moving average is $52.84 and its 200-day moving average is $50.59. The last stock close price is up 13.38% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,766,673 shares of the stock were exchanged, down from an average trading volume of 2,686,910
Zacks Investment Research has downgraded DISH Network Corp (NASDAQ:DISH) to Sell in a report released on 10/14/2016.
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DISH Network Corp has a 52 week low of $38.85 and a 52 week high of $65.49 with a P/E ratio of 30.64 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 22 firms have reported on the stock. The consensus target price is $71.64 with 4 firms rating the stock a strong buy, 6 firms rating the stock a buy, 14 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 1 firm rating the stock a sell.
About DISH Network Corp (NASDAQ:DISH)
DISH Network Corporation is a holding company. The Company operates through two segments: DISH and Wireless. It offers Pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded Pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite (DBS) and Fixed Satellite Service (FSS) spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations. The Sling branded pay-TV services consist of live, linear streaming over-the-top Internet-based domestic, international and Latino video programming services (Sling TV). The Company markets its broadband services under the dishNET brand, which has over 0.623 million subscribers in the United States.
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