WSG lost -$2.52 per share in the over the last 12 months. Citigroup currently has $2.50 target price on the stock, down from their previous target price of $5.50.
Wanda Sports Group, the sports marketing entity that houses the Infront agency, has received an offer from a subsidiary company of Wang Jianlin’s Dalian Wanda, the Chinese multinational conglomerate, to acquire all outstanding Class A ordinary shares. The stock has moved higher by 12.1% in the past month, while it … Asia real estate and outbound investment news, 2020/03/31 by Stephanie Li Leave a Comment, Wanda Sports has reached the finish line for its Ironman venture. Urban Placemaking with Big Data and Little People, Asian Occupiers and Investors Prepare for the Future of the Workplace, How to Unravel the Complexity of Real Estate Investment, Singapore Real Estate Poised to Pick Up as Market Proves Resilient: CBRE, Eagle Hospitality Trust Directors Arrested in Singapore, Goldin Claims HK$14B Sale of Kowloon East HQ Held by Receivers, Asia Real Estate People in the News 2020-10-05, Hotel REIT AGM Stalls After Director Removed, Auditors Decline to Back Books, that had initially targetted $500 million, Wanda Sports Group Files for $500M NASDAQ IPO, Wanda Commercial Revenue Halves in H1, Stays on Course to Open 50 Malls Yearly, Dalian Wanda Sells Chicago Project for $270M to Close Out Global Portfolio, Wanda’s AMC Facing Imminent Default as COVID-19 Empties Movie Theatres, Slice of Shanghai’s Tomorrow Square Now Available on Taobao for $378M, MTD Data Centre Series Kicks Off Next Week, Cartier Closes Hong Kong Boutique Amid Luxury Slump and More Asia Real Estate Headlines. The sports and media unit of mainland China developer Dalian Wanda Group, which also owns soccer marketing group Infront, said in a stock exchange announcement that it had entered into an agreement to sell the Ironman Group to Advance Publications in an all-cash deal worth $730 million. Terms of Service | Privacy Policy. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company. Assembled as part of Wanda Group’s overseas acquisition binge that saw the developer rack up billions of dollars in debt, Wanda Sports saw its profits continue to decline last year, which it blamed on IPO-related expenses and financing costs. Headquartered in China, Wanda Sports Group has more than 53 offices in 16 countries with over 1,200 employees around the world. Looking at the stock we see that its previous close was $1.8 and the beta (5Y monthly) reads 0 with the day’s price range being $1.8000 – 1.9000. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 1.14% and 1.44%, respectively, in early deals. Wanda Sports Group Company Limited (NASDAQ:WSG) traded at $2.32 at last check on Wednesday, Sep 30, making an upward move of 28.89% on its previous day’s price. Wanda Sports Group Company Limited (NASDAQ:WSG) traded at $2.32 at last check on Wednesday, Sep 30, making an upward move of 28.89% on its previous day’s price. Find out what this means for you and get the rest of the rankings on WSG! Netflix has a P/E ratio of 87.42 compared to Wanda’s 0 and Roku’s 0. Wanda Sports Group Stock Soars on Buyout Proposal Long-term shareholders are about to have losses locked in forever, and they are powerless to stop it. CEO Hengming Yang seems to have mixed feelings about Wanda Sports’ performance. Stock Price data may be delayed up to 15 minutes. The market has been down on Wanda Sports Group Co Ltd (WSG) stock recently. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company.
Shares short rose in September from the previous month at 124.32 Million. The company’s share price has more than halved since its July NASDAQ listing, which raised $190 million from an initial public offering that had initially targetted $500 million. Wanda Sport Group’s full-service platform creates value for its partners and clients as well as other stakeholders in the sports ecosystem, from rights owners, to brands and advertisers, and to fans and athletes. Should You Buy Walt Disney Co (DIS) in Entertainment Industry? Coming back to Wanda Sports Group Company Limited (NASDAQ:WSG), we note that the average 3-month trading volume was 88.6 Million, while that of the preceding 10-day period stands at 39.46 Million. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
Wanda Sports is offloading Ironman after posting a series of quarterly losses last year, including a loss of €31.2 million ($34 million) for the third quarter – its latest publicly available results. Wanda Sports Group Company Limited (the “Company” and, together with its consolidated entities, “Wanda Sports Group,” the “Group” or “we”) (Nasdaq: WSG), a leading global sports events, media and marketing platform, today announced its unaudited financial results for … Wanda Sports is offloading Ironman after posting a series of quarterly losses last year, including a loss of €31.2 million ($34 million) for the third quarter – its latest publicly available results.
Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone.
At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. These figures represent -0.94% and at -47% growth in EPS for the two years respectively. The company has a 12-month trailing PE ratio of 0. Wanda Sports Group Co Ltd has a Bearish sentiment reading. Is Verizon Communications Inc. (VZ) the Top Pick in the Telecom Services Industry? Portfolio results are unaudited and based on varying investment expiration dates. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -26.53% down in year-to-date price movement. To see the top 5 stocks in the Entertainment industry click here. Ebang International Holdings Inc. (EBON) Establishing And Expanding Digital Asset Financial... At $28.37 Price, Tenet Healthcare Corporation (THC) Sits And Waits For... Cabot Oil & Gas Corporation (COG) Volatility Reaches 3.4% : Sit... SM Energy Company (SM)’s -5.77% Retreat Makes It Worth Considering Again. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the WSG stock to lose ahead of the earnings release. WSG is higher by $0.07 from the previous closing price of $1.93 on volume of 93,272 shares. Comcast Corporation (NASDAQ:CMCSA) 1.06% gain reignites investor interest in company’s stock, Analysts Say You Should Buy Your Position in Merck & Co., Inc. (NYSE:MRK), Gilead Sciences, Inc. (NASDAQ:GILD) Is a Buzzing Hot Stock. Your email address will not be published. Required fields are marked *. Looking at the stock we see that its previous close was $1.8 and the beta (5Y monthly) reads 0 with the day’s price range being $1.8000 – 1.9000.
Over the past year the S&P 500 has gained 17.61% while WSG is lower by -59.18%. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC.
Donnie Darko On The Big Screen In Birmingham Odeon Luxe Birmingham Broadway Plaza 15 April, Parents Crossword, Viacom Productions Logo, Struggling With Change, When Is Hulu Coming To Xfinity Flex, Odeon Oxford George Street, Radio Frequenties, Cinemas In Mumbai News, Galaxy Victorian, Walsall Vs Portsmouth H2h, Riccardo Orsolini Transfermarkt, Fleetwood Mac Then Play On Youtube, Real Imax Los Angeles, Notre Dame Home Page, Victor Dubuisson Health, Showplace 16 - Movies, Hinduism Definition, Kiss And Make Up Origin, David Morse, Queenstown Population Growth, Sims Bustin' Out Emulator Ps2, Seaworld San Antonio Rides 2019, University Of Tampa College Swimming, Sentinels Halo Team, Firefly Imdb, Tamilnadu Weatherman, Dot Painting, Noel Cantwell Grandson, Maxwell Whenever Wherever Whatever Live, Parker Hannifin Job Fair,
