Home / Features / Sirius XM Holdings (SIRI) Founds Definite Consumers Through Nissan Deal- Discovery Communications (DISCA)

Sirius XM Holdings (SIRI) Founds Definite Consumers Through Nissan Deal- Discovery Communications (DISCA)

Monday bloom on Sirius XM Holdings Inc. (NASDAQ:SIRI) [Trend Analysis], stock build up about remains unchanged in early session as its gaining volume of 39.23 Million. SiriusXM (SIRI) revealed Nissan North America will automatically give consumers purchasing select Nissan or Infiniti vehicles equipped with navigation a multi-year subscription to SiriusXM Traffic and SiriusXM Travel Link, comprising detailed traffic data with information on traffic speed and flow, accident, construction, and road closures, as well as national weather information, fuel prices, sports scores, and movie listings.

Christopher Lam, Vice President and General Manager, Automotive Alliances, SiriusXM, stated “Nissan and Infiniti vehicle owners are purchasing premium vehicles, and they expect the highest quality services in those vehicles. We are excited that Nissan North America chose SiriusXM as the provider of premium infotainment services that Nissan consumers will use every day, comprising the ability to easily see upcoming traffic congestion as well as search for the best gas prices nearby.” He continued “Together with our commercial-free music, premier sports, exclusive entertainment, news, comedy and more, this is an unbeatable combination of content and information services for Nissan and Infiniti drivers across the country.

The stock showed weekly upbeat performance of -0.48%, which maintained for the month at 0.72%. Likewise, the positive performance for the quarter recorded as 6.35% and for the year was 10.26%, while the YTD performance remained at 2.95%. SIRI has Average True Range for 14 days of 0.07.

Discovery Communications, Inc. (NASDAQ:DISCA) [Trend Analysis] pretends to be active mover, stock slightly down about -0.41% to trade at $26.73. To accommodate long-term intention, experts calculate Return on Investment of 11.20%. The firm has Profit Margin of positive 11.90%.

The liquidity measure in recent quarter results of the firm was recorded 1.80 as current ratio, on the other side the debt to equity ratio was 1.49, and long-term debt to equity ratio remained 1.49. The Firm has gross margin of 62.80% and profit margin was positive 11.90% in trailing twelve months. (Read Recent [Free Analytic] Facts on NASDAQ:DISCA and Be Updated)

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About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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