NEW YORK (
) hit a new 52-week high Wednesday as it is currently trading at $41.82, above its previous 52-week high of $41.81 with 129,725 shares traded as of 11:55 a.m. ET. Average volume has been 462,000 shares over the past 30 days.
Discovery has a market cap of $4.65 billion and is part of the
industry. Shares are up 10% year to date as of the close of trading on Tuesday.
Discovery Communications, Inc. operates as a non fiction media and entertainment company worldwide. The company provides original and purchased programming across various distribution platforms in 40 languages. The company has a P/E ratio of 17, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Discovery as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
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