Shares of Comcast Corporation Class A Common Stock (NASDAQ:CMCSA) traded today at $54.23, eclipsing its 52-week high. Approximately 2.1 million shares have changed hands today, as compared to an average 30-day volume of 17.9 million shares.
Comcast Corporation Class A Common Stock (NASDAQ:CMCSA) is currently priced 2.8% above its average consensus analyst price target of $52.67.
In the past 52 weeks, shares of Comcast Corporation Class A Common Stock have traded between a low of $31.70 and a high of $54.23 and is now at $54.17, which is 71% above that low price.
Comcast is made up of three parts. The core cable business owns networks capable of providing television, Internet access, and phone services to roughly 59 million U.S. homes and businesses, or nearly half of the country. About half the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in exclusive and proprietary content to build this position. The firm is also the largest pay-television provider in Italy and has a presence in Germany and Austria.
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