Sinclair Broadcast Group Inc. (SBGI) experienced unusually high volume on Feb. 08, as the stock lost 7.59% to a closing price of $28.26. The stock saw 1.5 million shares trade hands over the course of the day on 12,611 trades. Given that the stock’s average daily volume over the last month has been 958,675 shares a day, this represents a pretty substantial spike over the norm.
Sinclair Broadcast Group Inc. has a P/B ratio of 5.62. It also has a P/E ratio of 14.2. The stock has traded between $35.89 and $24.04 over the last 52-weeks, its 50-day SMA is now $32.07, and its 200-day SMA $29.64.
Sinclair Broadcast Group Inc is a television broadcasting company. The Company owns or provides programming, operating or sales services to television stations.
Headquartered in Hunt Valley, MD, Sinclair Broadcast Group Inc. has 7,700 employees and is currently under the leadership of CEO David D. Smith.
For a complete fundamental analysis analysis of Sinclair Broadcast Group Inc., check out Equities.com’s Stock Valuation Analysis report for SBGI. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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