Time Warner Inc (TWX) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Time Warner Inc (TWX) experienced unusually high volume on Dec. 21, as the stock lost 2.08% to a closing price of $63.51. The stock saw 10.91 million shares trade hands over the course of the day on 47,368 trades. Given that the stock’s average daily volume over the last month has been 6.52 million shares a day, this represents a pretty substantial spike over the norm.

Time Warner Inc has a P/B ratio of 2.15. It also has a P/E ratio of 14.4. The stock has traded between $91.34 and $63.41 over the last 52-weeks, its 50-day SMA is now $70.39, and its 200-day SMA $78.36.

Time Warner Inc is a media and entertainment company. It operates its business in four segments which includes Turner, Home Box Office, Warner Bros and Time Inc.

Headquartered in New York, NY, Time Warner Inc has 25,600 employees and is currently under the leadership of CEO Jeffrey L. Bewkes.

For a complete fundamental analysis analysis of Time Warner Inc, check out Equities.com’s Stock Valuation Analysis report for TWX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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