Liberty Media Already 12% Down, Almost One Hour Before The Market Open

(VIANEWS) – The NASDAQ opens in less than one hour and Liberty Media‘s pre-market value is already 12.69% down.

Liberty Media’s last close was $33.10, 30.21% under its 52-week high of $47.43.

The last session, NASDAQ finished with Liberty Media (LSXMB) rising 2.13% to $33.10. NASDAQ fell 0.1% to $13,959.71, after three sequential sessions in a row of losses, on what was a somewhat bearish trend exchanging session.

About Liberty Media

The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through applications for mobile and home devices, and other consumer electronic equipment. It also offers connected vehicle services; a suite of data services that include graphical weather, fuel prices, sports schedules and scores, and movie listings; and traffic information services, which provide information as to road closings, traffic flow and incident data to consumers with compatible in-vehicle navigation systems, and real-time weather services in vehicles, boats, and planes. In addition, the company operates a music, comedy, and podcast streaming platform. Further, it offers ad-supported radio services; Pandora Plus, a radio subscription service; and Pandora Premium, an on-demand subscription service. Additionally, the company distributes satellite radios through automakers and retailers, as well as through its website. As of December 31, 2021, it served approximately 34.0 million subscribers through Sirius XM and approximately 6.4 million subscribers through Pandora. The Liberty SiriusXM Group is based in Englewood, Colorado. The Liberty SiriusXM Group operates as a subsidiary of Liberty Media Corporation.

Earnings Per Share

As for profitability, Liberty Media has a trailing twelve months EPS of $3.22.

PE Ratio

Liberty Media has a trailing twelve months price to earnings ratio of 10.28. Meaning, the purchaser of the share is investing $10.28 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 11.79%.

Moving Average

Liberty Media’s worth is way above its 50-day moving average of $29.00 and under its 200-day moving average of $35.31.

More news about Liberty Media (LSXMB).

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