Liberty Media Stock Drops 9% So Far On Friday, Underperforms Market

(VIANEWS) – Shares of Liberty Media (NASDAQ: LSXMB) slid 9.36% to $28.00 at 13:55 EST on Friday, after five sequential sessions in a row of losses. NASDAQ is falling 1.26% to $11,196.00, following the last session’s downward trend. This seems, so far, an all-around negative trend trading session today.

Liberty Media’s last close was $32.00, 38.02% under its 52-week high of $51.63.

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 headquartered in Englewood, Colorado. The Liberty SiriusXM Group is a subsidiary of Liberty Media Corporation.

Earnings Per Share

As for profitability, Liberty Media has a trailing twelve months EPS of $-2.24.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.98%.

Volatility

Liberty Media’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.37%, a negative 4.62%, and a positive 3.68%.

Liberty Media’s highest amplitude of average volatility was 3.37% (last week), 4.62% (last month), and 3.68% (last quarter).

Moving Average

Liberty Media’s worth is way under its 50-day moving average of $39.17 and way below its 200-day moving average of $41.38.

Volume

Today’s last reported volume for Liberty Media is 1004 which is 311.47% above its average volume of 244.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Liberty Media’s stock is considered to be overbought (>=80).

More news about Liberty Media (LSXMB).

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