Breaking Finance News

Zacks Investment Research upgraded Ascent Capital Group Inc (NASDAQ:ASCMA) to Hold in a report released today.

Zacks Investment Research has upgraded Ascent Capital Group Inc (NASDAQ:ASCMA) to Hold in a report released on Tuesday November 29, 2016.

Previously on 03/03/2016, Imperial Capital reported about Ascent Capital Group Inc (NASDAQ:ASCMA) lowered the target price from $30.00 to $20.00. At the time, this indicated a possible upside of 0.65%.

Yesterday Ascent Capital Group Inc (NASDAQ:ASCMA) traded -5.30% lower at $17.68. The company’s 50-day moving average is $20.65 and its 200-day moving average is $19.67. The last stock close price is down -10.13% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 49,070 shares of ASCMA traded hands, down from an average trading volume of 74,186

Recent Performance Chart

Ascent Capital Group Inc (NASDAQ:ASCMA)

Ascent Capital Group Inc has 52 week low of $7.77 and a 52 week high of $26.16 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 2 brokers have issued a research note on the company. The average stock price target is $17.50 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Ascent Capital Group Inc (NASDAQ:ASCMA)

Ascent Capital Group, Inc. is a holding company. The Company's segments include Monitronics, LiveWatch and Other Activities. The Company's subsidiaries include Monitronics International, Inc. (Monitronics) and LiveWatch Security, LLC (LiveWatch). Monitronics provides a range of residential security services, including hands-free two-way interactive voice communication with the monitoring center, cellular options, and an interactive service option, which allows the customer to control their security system remotely using a computer or smart phone. Monitronics performs monitoring services for subscribers located in all 50 states, the District of Columbia, Puerto Rico and Canada. LiveWatch is a do-it-yourself (DIY) home security provider offering professionally monitored security services through a direct-to-consumer sales channel. LiveWatch offers a differentiated go-to-market strategy through direct response television, Internet and radio advertising.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *