Viacom, Inc. (NASDAQ:VIAB) is gaining traction with investors, as evidenced by its 5.32 million shares volume. The daily trading volume average remained 5.36 million shares over the course of 3 months. The stock had opened the regular trading at $27.28 and managed a -0.29% price change to reach $27.11 through the close.Viacom, Inc. (VIAB) Analyst Opinion
Viacom, Inc. has a consensus hold rating from 31 Wall Street analysts, and the number of shares currently sold short amount to at least 5.7% of shares outstanding. The stock sank -11.58% last month and is down -22.76 this year. Wall Street is only getting more bullish on the stock, with 10 of analysts who cover VIAB having a buy-equivalent rating. Analysts have placed a $38.96 price target on Viacom, Inc., suggesting a 43.71% gain from recent close. It’s currently trading about -41.97% below its 52-week high.Viacom, Inc. Earnings Surprise
Viacom, Inc. (VIAB) surprised the stock market in its last reported earnings when it earned $1.17 a piece versus the consensus-estimated $1.05. Its revenue totaled $3.29 billion up 1.19% from the previous quarter.
This stock (VIAB) is ahead of its 52-week low with 1.73%. Its last month’s stock price volatility remained 3.26% which for the week stands at 2.59%. The share price has moved backward from its 20 days moving average, trading at a distance of -5.41% and stays -14.75% away from its 50 days moving average. Over the last five days, shares have faced -1.17% losses and now is down -27.81% since hitting its 200-day moving average of $36.88. Viacom, Inc. (VIAB) has made its way to a 12-month decline of -28.81%.
Turning to The Travelers Companies, Inc. (NYSE:TRV), its shares were trading at $122.48 a retreat of $-0.08, on the trading floor. The stock, after opening at $122.55, touched a high of $123.19 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.9. The Travelers Companies, Inc. has 3 buy ratings, 13 holds and 1 sells even after the stock tumbled -6.05% from its high of $130.37 to a $33.99 billion market value through last close.The Travelers Companies, Inc. (TRV) Consensus Price Target
The company’s consensus rating on Reuter’s scale remained unchanged from 2.85 to 2.85 during a month. Analysts set a 12-month price target of $125.5 a share. The target implies a 2.47% spike from where the shares are currently trading. Also, the current price highlights a discount of 15.94% to analysts’ high consensus price target.The Travelers Companies, Inc. (NYSE:TRV) Intraday Trading
The counter witnessed a trading volume of 1.81 million shares versus an average volume of 1.56 million shares during last trading session. Its last month’s stock price volatility remained 3.19% which for the week approaches 1.78%. The lowest price the stock reached in the last trading day was $121.32 and compares with the $103.45 52-week low. The stock recovered 18.4% since its low point and has performed 0.05% year-to-date.