Stocks in Volatile Measures: The Walt Disney Firm (NYSE:DIS), RMG Networks (NASDAQ:RMGN)

Several matter pinch shares of The Walt Disney Firm (NYSE:DIS) [Trend Analysis], as shares plunging -0.55% to $99.12 with a share volume of 11.36 Million. Walt Disney Co. (DIS) released that it raised its semi-yearly cash dividend to 78 cents a share from 71 cents a share, bringing its total dividends in 2016 to $1.49 a share. The entertainment giant plans to hold its yearly shareholders meeting on March 8 in Denver.

The Walt Disney Firm (DIS) BOD reported that a semi-yearly cash dividend of $0.78 per share, payable January 11, 2017, to shareholders of record at the close of business on December 12, 2016. This dividend marks an raise from the $0.71 per share paid in July, 2016. “We delivered our sixth consecutive year of record income, net income and EPS in fiscal 2016, and we are happy to raise our dividend to shareholders,” stated Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Firm. “This payment brings our total dividends for fiscal 2016 to $1.49 a share.” The Firm also reported that it has planned its yearly shareholders’ meeting for Wednesday, March 8, 2017, in Denver. The stock is going forward its 52-week low with 15.76% and moving down from its 52-week high price with -13.06%. To have technical analysis views, liquidity ratio of a firm was calculated 1.00 as evaluated with its debt to equity ratio of 0.47. The float short ratio was 2.07%, as compared to sentiment indicator; Short Ratio was 3.98.

Shares of RMG Networks Holding Corporation (NASDAQ:RMGN) [Trend Analysis] runs in leading trade, it plunging remains unchanged to traded at $0.78. The firm has price volatility of 6.91% for a week and 8.44% for a month. Its beta stands at 0.34 times. MG Networks Holding Corporation (NASDAQ:RMGN) reported that it has commenced a rights offering to raise gross proceeds of up to about $4.8 million. The Firm has granted, at no charge to the holders of record of its ordinary stock on November 29, 2016, the record date for the Rights Offering, 0.20991 of a non-transferable subscription right for each share of our ordinary stock owned, as more fully described in the prospectus supplement relating to the Rights Offering.

Gregory H. Sachs, the Executive Chairman of RMG’s Board of Directors; Robert Michelson, RMG’s Chief Executive Officer and a director; and Jana Ahlfinger Bell, RMG’s Executive Vice President & Chief Financial Officer, have advised the Firm that they intend to take part in the Rights Offering although they have not entered into any contract to do so. The Firm expects to utilize the net proceeds of the Rights Offering for general working capital purposes. Narrow down four to firm performance, its weekly performance was -1.27% and monthly performance was 2.63%. The stock price of RMGN is moving up from its 20 days moving average with 10.47% and isolated positively from 50 days moving average with 1.82%.


About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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