E.W. Scripps Director Roger Ogden Sells 33,426 Shares (SSP)
E.W. Scripps (NYSE:SSP) Director Roger Ogden unloaded 33,426 shares of E.W. Scripps stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $15.63, for a total transaction of $522,448.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Benchmark Co. raised their price target on shares of E.W. Scripps (NYSE:SSP) from $13.00 to $18.00 in a research note to investors on Wednesday, September 4th. They now have a “buy” rating on the stock.
Shares of E.W. Scripps (NYSE:SSP) traded down 1.15% on Thursday, hitting $15.45. 196,343 shares of the company’s stock traded hands. E.W. Scripps has a 52 week low of $8.29 and a 52 week high of $18.19. The stock’s 50-day moving average is $15.51 and its 200-day moving average is $14.19. The company has a market cap of $882.0 million and a P/E ratio of 23.57.
E.W. Scripps (NYSE:SSP) last announced its earnings results on Monday, August 5th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.02. The company had revenue of $207.90 million for the quarter, compared to the consensus estimate of $211.80 million. During the same quarter in the previous year, the company posted $0.09 earnings per share. The company’s revenue for the quarter was down 4.2% on a year-over-year basis.
The E. W. Scripps Company (NYSE:SSP) is a media enterprise with interests in television stations, newspapers, and digital local media sites.
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