Stock price performance of Viacom Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 9.06% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -3.66% . Looking at the past 52 week period, the stock price is down -3.1% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Viacom Inc. has a negative value of -14.97 compared to overall market performance. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 9.11% and the 50-Day Moving Average is 12.49%.The 200 Day SMA reached 6.49%
Based on the Stock Research Viacom, Inc. Relative Strength Index signal is in over bought territory with a range of 69.8. Viacom Inc. (NASDAQ:VIAB) has tumbled 0.17% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 10.88% in the last four weeks. The stocks have underperformed the S&P 500 by 0.29% during the past week but Viacom Inc. (NASDAQ:VIAB) it has outperformed the index in 4 weeks by 9.89%.
Viacom Last issued its quarterly earnings results on Nov 9, 2016. The company reported $0.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.65. The company had revenue of $3226.00 million for the quarter, compared to analysts expectations of $3311.17 million. The companys revenue was down -14.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.54 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Viacom was Resumed by Morgan Stanley to Overweight on Jan 30, 2017. Viacom was Upgraded by Guggenheim to Buy on Jan 9, 2017. Viacom was Downgraded by RBC Capital Mkts on Dec 13, 2016 to Underperform, Lowers Price Target to $ 30 from a previous price target of $44 .Viacom was Downgraded by Wedbush on Dec 13, 2016 to Neutral, Lowers Price Target to $ 39 from a previous price target of $46 .Viacom was Downgraded by FBR & Co. on Nov 15, 2016 to Mkt Perform, Lowers Price Target to $ 44 from a previous price target of $56 .
Viacom Inc. (NASDAQ:VIAB) : On Friday heightened volatility was witnessed in Viacom Inc. (NASDAQ:VIAB) which led to swings in the share price. The stock opened for trading at $41.58 and hit $42.08 on the upside , eventually ending the session at $41.9, with a gain of 0.77% or 0.32 points. The heightened volatility saw the trading volume jump to 2,601,233 shares. The 52-week high of the share price is $47.47 and the company has a market cap of $16,626 million. The 52-week low of the share price is at $30.11 .
Viacom is a leading global entertainment content company whose family of prominent and respected brands includes the multiplatform properties of MTV Networks, BET Networks, Paramount Pictures, Paramount Home Entertainment and DreamWorks. MTV Networks, a unit of Viacom, is one of the worlds leading creators of programming and content across all media platforms. MTV Networks connects with its audiences through its robust consumer products businesses and its more than three hundred interactive properties worldwide, including online, broadband, wireless and interactive television services and also has licensing agreements, joint ventures, and syndication deals whereby all of its programming services can be seen worldwide.