Grupo Televisa (NYSE:TV) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Grupo Televisa S.A. (NYSE:TV)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.77 and traded as high as $3.26. Grupo Televisa shares last traded at $3.2150, with a volume of 1,387,557 shares traded.

Analyst Upgrades and Downgrades

TV has been the topic of a number of research reports. UBS Group restated a “buy” rating on shares of Grupo Televisa in a research report on Monday, October 27th. Benchmark reissued a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. Finally, Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $5.07.

Grupo Televisa Stock Performance

The business’s 50-day simple moving average is $3.03 and its 200-day simple moving average is $2.77. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.31 and a quick ratio of 2.29.

Institutional Trading of Grupo Televisa

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Strid Group LLC bought a new position in Grupo Televisa in the 3rd quarter worth $27,000. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Grupo Televisa during the third quarter valued at about $28,000. TD Private Client Wealth LLC raised its stake in Grupo Televisa by 68.8% in the third quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after buying an additional 4,355 shares in the last quarter. Diversified Trust Co. purchased a new stake in Grupo Televisa in the fourth quarter worth about $38,000. Finally, Evergreen Capital Management LLC purchased a new stake in Grupo Televisa in the second quarter worth about $29,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

About Grupo Televisa

Grupo Televisa, SAB. is a leading Mexican multimedia conglomerate headquartered in Mexico City, specializing in the creation, production and distribution of Spanish-language content. The company operates free-to-air television networks, subscription pay-TV services, broadband and telephony under its cable arm, and a range of digital streaming platforms. Grupo Televisa’s portfolio spans news, sports, telenovelas, reality programming and original series, positioning it as one of the largest content producers in the Spanish-speaking world.

Televisa’s broadcast division includes flagship channels such as Las Estrellas and Canal 5, while its pay-TV segment features operations under brands like Sky México and Izzi Telecom.