• Return to Headlines

Discovery Comm-C: 52-Week High Recently Eclipsed (DISCK)

By David Diaz

Shares of Discovery Comm-C (NASDAQ:DISCK) traded today at $29.91, breaking its 52-week high. Approximately 518,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.

Discovery Comm-C (NASDAQ:DISCK) is currently priced 12.8% above its average consensus analyst price target of $26.00. Discovery Comm-C shares have support at the 50-day moving average (MA) of $25.35 and additional support at the 200-day MA of $22.81.

Over the past year, Discovery Comm-C has traded in a range of $14.99 to $29.91 and is now at $29.81, 99% above that low. The 200-day and 50-day moving averages have moved 0.98% higher and 0.60% higher over the past week, respectively.

Discovery Communications, Inc. provides non-fiction entertainment. The Company operates a wide range of educational television channels as well as offers consumer and educational products and services, and a diversified portfolio of digital media services.

SmarTrend recommended that subscribers consider buying shares of Discovery Comm-C on August 21st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $26.85. Since that recommendation, shares of Discovery Comm-C have risen 8.8%. We continue to monitor DISCK for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows discovery comm-c

Ticker(s): DISCK