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CMCSA has shown substantial |
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Released on Monday, September 19, 2011, 8:00 AM ET
Pittsburgh, PA (SpeculatingStocks) - Comcast Corporation ( NASDAQ:CMCSA) has shown substantial strength in the financial markets over the past several months. The company has been a consistent member of the green screen on the heat maps, looking bullish.
Comcast has a total debt to asset ratio of 0.701 and reported a stable income of over $1 billion dollars for the last quarter ending June 30th, 2011. CMCSA is trading around the middle of its 52-week range at $22.94 per share (6:15 PM EDT), so it has some room to move before breaching its $27.17 per share high.
Comcast’s EPS is good at $1.37 and the stock is priced at approximately 16.69 times earnings, making it a well valued stock. CMCSA’s MACD crossed over its EMA from below in mid-august and has been showing a constant divergence, in agreement with the %K on the fast stochastic oscillator, it moved from below the %D, and is indicating a bullish increase.
Comcast pays dividends about 4 times a year, and the company has currently averaged $0.11 per share making a 1.96% average dividend yield. Going long on this stock using a DRIPs program could prove extremely beneficial to the long-term portfolio, but investing in the short term might also offer some nice return.
In either case, this stock runs a beta of 1.06, so when the market heads down for the day, expect CMCSA to react as well, but realize this may or may not have anything to do with the company’s financial stability—only the markets volatility.
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