Dreamworks Animation SKG, Inc. (NASDAQ:DWA) has reportedly dropped 795,842 shares in its shortest interest. Due to this development its shares saw a drop of 0.49% or 0.13 points. This information was released by the Financial Industry Regulatory Authority, Inc (FINRA) on 24th of December.
The shares of Dreamworks Animation SKG, Inc. saw a rise by 3.14% last week and a rise of 7.82% for the last 4 weeks. Last week also saw the share outperform at the S&P 500 by 0.36% due to which the overall outperformance saw an increase to 9.34% for the last four weeks. With this development the shares of the company have received an average rating of “Hold” from eighteen analysts who are covering the company. The average 12- month price objective among brokers who had covered the stock last year is $20.00.
Dreamworks Animation SKG, Inc. Creates branded family entertainment which includes television series & specials, animated feature films and related consumer products. The company basically operates in four segments: feature films, television series, consumer products and new media. The firm has a 50-day moving average price of $24.49 and a 200-day moving average price of $22.81. It has a 52 week loe of $17.02 and a 52 week high of $29.75. At present the company's market cap is $2.29 billion.
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