Discovery, Inc. (DISCA) has seen some recent activity in the stock market and its common shares closed trading at $20.53 yesterday. People are starting to take notice of DISCA as the common shares traded as high as $22.03 and as low as $20.40 in the prior market trading day.
Discovery, Inc. (DISCA) average trading volume is 5.93M. However, in the prior market trading day Discovery, Inc. (DISCA) traded 7,389,435 shares. The first support level on DISCA is $20.35 and the first upside resistance level on DISCA is $33.41. DISCA 50-day moving average is $20.92 and DISCA 200day moving average is $27.59.
Discovery, Inc. (DISCA) most recent performance has been indicated by the recent movement in DISCA common shares. DISCA has performed -0.68% over the past month, DISCA has performed -31.68% over the past 3 months and DISCA has shown -29.01% over the past 365 days. Discovery, Inc. (DISCA) has a 1 year range of $17.12 to $33.66. Discovery, Inc. (DISCA) is trading 19.92% from its 1 year low and -39.00% from its 1 year high. Discovery, Inc. (DISCA) is indicating a 7.26% short float indicating the sum short in the float.
DISCA has 496.26M shares outstanding and 493.48M shares in the float. Discovery, Inc. (DISCA) at this time has a market cap of $10.19B and income of $1.53B. The EPS next quarter for DISCA is 0.84 and forecasted EPS net year is 10.82%. The market cap of Discovery, Inc. (DISCA) at $10.19B signifies how many People own shares of DISCA and is based off the last price ($20.53) of DISCA and the sum of shares outstanding (496.26M) with Discovery, Inc. (DISCA).
Discovery, Inc. (DISCA) has total cash (mrq) of 1.45B, total cash per share (mrq) of 2.16, total debt of DISCA is at 15.87B and total debt/equity (mrq) is 139.20. Discovery, Inc. (DISCA) operating cash flow (ttm) is 3.19B and DISCA leveraged free cash flow (ttm) is 5.88B.
DISCA is trading -5.90% below (bearish) its SMA20, -6.58% below (bearish) its SMA50 and -26.01% below (bearish) its SMA200.
In recent news, on May 7, 2020, it was announced, Discovery Announces Pricing of Senior Notes. In this news it stated, SILVER SPRING, Md.Discovery, Inc. (“Discovery” or the “Company”) (Nasdaq: DISCA, DISCB, DISCK) announced today that Discovery Communications, LLC (“DCL”) has priced an offering of $1,000,000,000 aggregate principal amount of 3.625% Senior Notes due 2030 (the “2030 Notes”) and $1,000,000,000 aggregate principal amount of 4.650% Senior Notes due 2050 (the “2050 Notes” and, together with the 2030 Notes, the “Notes”). The 2030 Notes were priced at 100.000% of their principal amount to yield 3.625% to maturity. The 2050 Notes were priced at 99.872% of their principal amount to yield 4.658% to maturity. The sale of the Notes is expected to close on May 18, 2020, subject to customary closing conditions. The Notes will be unsecured and will rank equally with all of DCL’s other unsecured senior indebtedness. The Notes will be fully and unconditionally guaranteed by the Company and its wholly owned subsidiary Scripps Networks Interactive, Inc. (“Scripps”).
About Discovery, Inc. (DISCA):
Discovery Communications is now known as Discovery, Inc. following the completion of the acquisition of Scripps Networks Interactive on Mar 6, 2018. The company offers original and purchased content as well as live events to 3.8 billion cumulative subscribers plus viewers worldwide. Discovery distributes content in the United States and to 220 other countries plus territories in more than 50 languages.