DISH Network Stock Drops By 16% In The Last 5 Sessions

(VIANEWS) – Shares of DISH Network (NASDAQ: DISH) fell by a staggering 16.02% in 5 sessions from $7.43 at -16.02, to $6.24 at 17:21 EST on Thursday, after two consecutive sessions in a row of losses. NASDAQ is jumping 1.15% to $13,782.82, after five consecutive sessions in a row of gains.

DISH Network’s last close was $6.31, 68.99% under its 52-week high of $20.35.

About DISH Network

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages. The company also provides access to movies and television shows through TV or Internet-connected devices; and and mobile applications on Internet-connected devices to view authorized content, search program listings, and remotely control certain features of their DVRs. In addition, it offers Sling TV services, including Sling domestic, Sling International, Sling Latino, Sling Orange, and Sling Blue services that require an internet connection and are available on streaming-capable devices, such as streaming media devices, TVs, tablets, computers, game consoles, and phones, as well as market SLING TV services to consumers who do not subscribe to traditional satellite and cable pay-TV services. Further, the company provides wireless subscribers consumer plans with no annual service contracts, as well as monthly service plans, including high-speed data and unlimited talk and text. The company offers receiver systems and programming through direct sales channels, as well as independent third parties, such as small retailers, direct marketing groups, local and regional consumer electronics stores, retailers, and telecommunications companies. DISH Network Corporation was founded in 1980 and is headquartered in Englewood, Colorado.

Earnings Per Share

As for profitability, DISH Network has a trailing twelve months EPS of $3.16.

PE Ratio

DISH Network has a trailing twelve months price to earnings ratio of 1.98. Meaning, the purchaser of the share is investing $1.98 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.36%.

Sales Growth

DISH Network’s sales growth is negative 6.9% for the current quarter and negative 6.7% for the next.

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