Shares of E.W. Scripps Company (The) (NASDAQ:SSP) traded today at $22.42, eclipsing its 52-week high. Approximately 533,000 shares have changed hands today, as compared to an average 30-day volume of 412,000 shares.
The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers, primarily in medium-sized cities in the southern and western portions of the United States. The company’s operating segment includes Local Media, National Media and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes approximately 60 local broadcast stations and their related digital operations. Its National Media segment includes a collection of national brands.
Over the past year, E.W. Scripps Company (The) has traded in a range of $5.36 to $22.42 and is now at $22.00, 310% above that low.
E.W. Scripps Company (The) (NASDAQ:SSP) defies analysts with a current price ($22.00) 7.2% above its average consensus price target of $20.42.
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