The Walt Disney Company (DIS) has seen some recent activity in the market and its common shares finished trading at $109.16 yesterday. Traders are starting to take interest of DIS as the common shares traded as high as $109.18 and as low as $106.63 in the previous market trading session.
The Walt Disney Company (DIS) average trading volume is 21.67M. However, in the previous market trading session The Walt Disney Company (DIS) traded 23,887,422 shares. The 1st downside support level on DIS is $104.39 and the 1st upside resistance level on DIS is $152.94. DIS 50-day moving average is $101.78 and DIS 200-day moving average is $127.50.
The Walt Disney Company (DIS) most recent performance has been indicated by the recent movement in DIS common shares. DIS has performed 8.00% over the past 30 days, DIS has performed -22.59% over the past quarter and DIS has shown -18.29% over the past 365 days. The Walt Disney Company (DIS) has a 12 month range of $79.07 to $153.41. The Walt Disney Company (DIS) is trading 38.05% from its 12 month low and -28.84% from its 12 month high. The Walt Disney Company (DIS) is indicating a 1.40% short float indicating the amount short in the float.
DIS has 1.81B shares outstanding and 1.80B shares in the float. The Walt Disney Company (DIS) presently has a market cap of $197.36B and income of $4.83B. The EPS next quarter for DIS is -0.54 and projected EPS net year is 115.86%. The market cap of The Walt Disney Company (DIS) at $197.36B signifies how many Traders own shares of DIS and is calculated off the last price ($109.16) of DIS and the amount of shares outstanding (1.81B) with The Walt Disney Company (DIS).
The Walt Disney Company (DIS) has aggregate cash (mrq) of 14.34B, aggregate cash per share (mrq) of 7.94, aggregate debt of DIS is at 59.56B and aggregate debt/equity (mrq) is 57.28. The Walt Disney Company (DIS) operational cash flow (ttm) is 5.42B and DIS leveraged free cash flow (ttm) is 7.43B.
DIS is trading 4.92% above (bullish) its SMA20, 6.07% above (bullish) its SMA50 and -16.06% below (bearish) its SMA200.
In recent news, on May 7, 2020, it was announced, ATTENTION WALT DISNEY COMPANY EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained in Disney Stock Held With Full-Service Brokerage Firms During Coronavirus Pandemic. In this news it stated, KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating damages sustained by current and former employees and investors of The Walt Disney Company (NYSE:DIS) (“Disney”) who held large, unhedged concentrated positions in Disney stock and/or received margin calls resulting in the forced sale of stock. The recent losses were the result of unsuitable advice during the Coronavirus (“COVID-19”) pandemic. The investigation focuses on full-service brokerage firms’ negligence and failure to supervise the management of concentrated, leveraged positions in Disney stock. Investment portfolios holding large, concentrated stock positions carry significant downside risks, especially when leveraged by a margin loan. Full-service brokerage firms whose customers hold large concentrated stock positions have a duty to ensure that their customers understand the risks associated with concentration and to disclose and recommend the availability of risk management strategies. The failure to use risk management strategies as well as the failure to “hedge” the value of a concentrated portfolio directly exposes an investor’s concentrated position to fluctuations in the volatile securities markets. Since trading as high as 153.41 per share in November 2019, the price of Disney stock dropped to 79.07 on March 18, 2020, a decline of more than 48%.
About The Walt Disney Company (DIS):
Burbank, CA-based Walt Disney Company has assets that span movies, television, publishing and theme parks. Revenues were $69. 57 billion in fiscal 2019.