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International Entertainment News

Tuesday, July 05, 2016

Morning Briefing on Broadcasting - TV Stocks -- Grupo Televisa, TEGNA, Sinclair Broadcast Group, and Gray Television

Morning Briefing on Broadcasting - TV Stocks -- Grupo Televisa, TEGNA, Sinclair Broadcast Group, and Gray Television

NEW YORK, July 5, 2016 /PRNewswire/ --

On Friday, July 01, 2016, the NASDAQ Composite ended the trading session at 4,862.57,
up 0.41%; the Dow Jones Industrial Average edged 0.11% higher, to finish at 17,949.37; and
the S&P 500 closed at 2,102.95, up 0.19%. The gains were broad based as seven out of nine
sectors ended the session in positive. has initiated coverage on the
following equities: Grupo Televisa S.A.B. (NYSE: TV), TEGNA Inc. (NYSE: TGNA), Sinclair
Broadcast Group Inc. (NASDAQ: SBGI), and Gray Television Inc. (NYSE: GTN). Learn more
about these stocks by accessing their free trade alerts at:

Grupo Televisa S.A.B. operates as a media Company in the Spanish-speaking world. The
stock finished Friday's session 1.54% higher at $26.44 with a total volume of 1.08 million
shares traded. The stock is trading above its 50-day moving average by 0.46%. Grupo
Televisa's stock traded at a PE ratio of 27.80 and has a Relative Strength Index (RSI) of
54.35. The Company was founded in 1990 and is based in Mexico City, Mexico. Sign up and
read the free notes on TV at:

TEGNA Inc. engages in media and digital businesses in the United States. The stock
edged 0.52% higher to close the day at $23.29 with a total volume of 1.64 million shares
traded. The Company's shares have advanced 4.70% in the previous three months. The stock
is trading 2.75% above its 50-day moving average. Additionally, TEGNA's stock traded at a
PE ratio of 13.81 and has an RSI of 60.42. The Company was founded in 1906 and is
headquartered in McLean, Virginia. The complimentary notes on TGNA can be downloaded in
PDF format at:

On Friday, shares in Sinclair Broadcast Group Inc. which operates as a television
broadcasting Company in the United States, ended the session 0.37% higher at $29.97 with a
total volume of 572,687 shares traded. Shares of the Company traded at a PE ratio of
16.72. The Company's shares have gained 7.13% in the past one year. The stock is trading
3.60% below its 50-day moving average. Moreover, shares of Sinclair Broadcast Group have
an RSI of 46.30. Register for free on and access the latest research on
SBGI at:

On Friday, shares in Gray Television Inc., a television broadcast Company, owns and/or
operates television stations and digital assets in the U.S., ended the day 0.18% lower at
$10.83 with a total volume of 308,103 shares traded. Shares of the Company traded at a PE
ratio of 18.36. The stock is trading below its 50-day moving average by 8.00%. Furthermore,
shares of Gray Television have an RSI of 39.50. The Company was founded in 1897 and is
headquartered in Atlanta, Georgia. Get free access to your trade alert on GTN at:


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