Stocks Under Scanner in the Radio Broadcasters Space — Entercom Communications, Liberty SiriusXM, Sirius XM, and Pandora Media

This post was originally published on this site

If you want a Stock Review on ETM, LSXMA, SIRI, or P then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. On Thursday, August 24, 2017, the NASDAQ Composite ended the trading session at 6,271.33, down 0.11%; the Dow Jones Industrial Average edged 0.13% lower, to finish at 21,783.40; and the S&P 500 closed at 2,438.97, slightly dropping 0.21%. US markets saw 5 sectors out of 9 closed in red and 4 sectors finished in green. This Friday, DailyStockTracker.com has initiated reports coverage on the following Broadcasting – Radio equities: Entercom Communications Corp. (NYSE: ETM), The Liberty SiriusXM Group (NASDAQ: LSXMA), Sirius XM Holdings Inc. (NASDAQ: SIRI), and Pandora Media Inc. (NYSE: P). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:

http://dailystocktracker.com/register/

Entercom Communications 

Bala Cynwyd, Pennsylvania-based Entercom Communications Corp.’s stock finished Thursday’s session 0.50% higher at $10.15 with a total trading volume of 249,953 shares. The Company’s shares have advanced 5.12% in the past month and 4.59% in the previous three months. The stock is trading above its 50-day moving average by 3.25%. Additionally, shares of Entercom Communications, which operates as a radio broadcasting company in the US, have a Relative Strength Index (RSI) of 56.01. Sign up and read the free research report on ETM at:

http://dailystocktracker.com/registration/?symbol=ETM

Liberty SiriusXM 

On Thursday, shares in Englewood, Colorado headquartered The Liberty SiriusXM Group recorded a trading volume of 176,628 shares. The stock ended the session 0.16% higher at $43.37. The Company’s shares have advanced 33.08% over the last twelve months and 25.64% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.51% and 12.13%, respectively. Moreover, shares of Liberty SiriusXM, which through its subsidiary Sirius XM Holdings Inc., transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the US and Canada, have an RSI of 52.91.

On August 15th, 2017, research firm Pivotal Research Group reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $51 a share to $54 a share. The complimentary research report on LSXMA can be downloaded at:

http://dailystocktracker.com/registration/?symbol=LSXMA

Sirius XM 

New York headquartered Sirius XM Holdings Inc.’s shares closed the day 0.36% higher at $5.58. The stock recorded a trading volume of 11.34 million shares. The Company’s shares have gained 34.78% over the last twelve months and 25.39% since the start of the year. The stock is trading above its 50-day and 200-day moving averages by 2.19% and 11.43%, respectively. Additionally, shares of Sirius XM, which provides satellite radio services in the US, have an RSI of 52.73. Register for free on DailyStockTracker.com and access the latest report on SIRI at:

http://dailystocktracker.com/registration/?symbol=SIRI

Pandora Media 

Shares in Oakland, California headquartered Pandora Media Inc. finished 0.36% higher at $8.38. The stock recorded a trading volume of 2.70 million shares. The stock is trading below its 50-day moving average by 2.69%. Furthermore, shares of Pandora Media, which provides Internet music platform services in North America, have an RSI of 46.91.  

On August 01st, 2017, research firm RBC Capital Markets reiterated its ‘Sector Perform’ rating on the Company’s stock with a decrease of the target price from $15 a share to $10 a share. Get free access to your research report on P at:

http://dailystocktracker.com/registration/?symbol=P

Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If youre a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number:  (207) 331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE dailystocktracker.com

Recommended For You

mm

About the Author: Sidney Martin

Sidney Marin Is a researcher and law student at York University (TORONTO). He has worked as the Director of the Graduate Lawyering Program. He worked for American law firms in Moscow, Russia for three years. Hegraduated from Columbia Law School, Columbia School of International and Public Affairs and Harvard College. He research interest is in human rights and health law, with a particular focus on the law and policy of vaccination.