Televisa (TV) Stock Drops Amid Market Volatility

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Dec 18, 2024
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Televisa (TV, Financial) experienced a significant stock fluctuation, with prices falling by 5.03% to $1.80 per share. The trading volume reached 964,584 shares, with a turnover rate of 0.18% and a price amplitude of 6.35%. Recent financial reports show Televisa's revenue at $812 million, net profit at $35.21 million, earnings per share at $0.08, and gross profit at $285 million. The price-to-earnings ratio stands at 0.06.

Among analysts, 50% recommend buying the stock, while the other 50% suggest holding. No analysts advised selling. The telecommunications services sector, where Televisa operates, saw an overall decline of 0.56%. Notable performers in the sector included Ucloudlink, Crexendo, Inc., and Sify Technologies Limited, which showed significant gains. Ucloudlink, Globalstar, and Telecom Argentina exhibited high price amplitudes.

Televisa is a leading Mexican telecom company with a vast network and a significant stake in TelevisaUnivision.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.