Home / Business / Concerns Diverting Active Stocks Direction: Netflix (NASDAQ:NFLX), Shaw Communications (NYSE:SJR)

Concerns Diverting Active Stocks Direction: Netflix (NASDAQ:NFLX), Shaw Communications (NYSE:SJR)

Shares of Netflix, Inc. (NASDAQ:NFLX) [Trend Analysis] runs in leading trade, it plunging -0.43% to traded at $117.00. The firm has price volatility of 1.84% for a week and 2.68% for a month. Its beta stands at 1.67 times. Netflix (NFLX) reported that users could now download select titles and watch them offline, a feature that should improve its prospects in markets like India where users often run into trouble while streaming due to poor or limited connectivity.

“Just click the download button on the details page for a film or TV series and you can watch it later without an internet connection,” Eddy Wu, Director of Product Innovation at Netflix reported via a blog post on Wednesday. The blog post suggests the download feature will only be provided on select titles to start with.

“Many of your favourite streaming series and movies are already accessible for download, with more on the way, so there is plenty of content accessible for those times when you are offline,” the post adds. “For example, Orange is The New Black, Narcos and The Crown are accessible for download.” Narrow down four to firm performance, its weekly performance was -0.88% and monthly performance was -6.30%. The stock price of NFLX is moving down from its 20 days moving average with -1.23% and isolated positively from 50 days moving average with 4.19%.

Shaw Communications Inc. (NYSE:SJR) [Trend Analysis] luring active investment momentum, shares a decrease -0.91% to $19.57. Shaw Communications Inc. (NYSE:SJR) reported that it has given the registered shareholders of its Cumulative Redeemable Floating Rate Class 2 Preferred Shares, Series B notice of dividend rates.

Effective December 31, 2016, the Floating Quarterly Dividend for the Series B Shares was set for the third quarterly Floating Rate Period (being the period from and comprising December 31, 2016 to, but not comprising, March 31, 2017) at 2.509%. The Floating Quarterly Dividend Rate will be reset every quarter.

The Series B Shares are listed on the Toronto Stock Exchange under the ticker symbol SJR.PR.B. For more information on the terms of, and risks associated with an investment in, the Series B Shares, see Shaw’s prospectus supplement dated May 20, 2011 which is accessible on sedar.com The total volume of 567770 shares held in the session was surprisingly higher than its average volume of 365.85 shares. EPS anticipates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -50.80%, and looking additional price to next year’s EPS is 6.13%. While take a short look on price to sales ratio, that was 2.65 and price to earning ratio of 29.92 attracting passive investors.

 

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