Ten Network Holdings Limited Given Sell Rating at Morningstar (TEN)
Ten Network Holdings Limited (ASX:TEN) traded up 3.92% during mid-day trading on Monday, hitting A$0.265. 3,864,492 shares of the company’s stock traded hands. Ten Network Holdings Limited has a 52-week low of A$0.240 and a 52-week high of A$0.375. The stock has a 50-day moving average of A$0.27 and a 200-day moving average of A$0.29. The company’s market cap is A$685.5 million.
Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Ten Network Holdings Limited in a research note on Tuesday, April 1st.
Ten Network Holdings Limited is an Australia-based company. The principal activity of the Company is the investment in The Ten Group Pty Limited (ASX:TEN) and controlled entities, whose principal activities are the operation of multi-channel commercial television licenses in Sydney, Melbourne, Brisbane, Adelaide and Perth, and out-of-home advertising.
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