Discovery Inc Series C (NASDAQ:DISCK)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $31.55 and last traded at $30.95, with a volume of 196337 shares traded. The stock had previously closed at $29.85.

A number of equities analysts have issued reports on the company. ValuEngine upgraded Discovery Inc Series C from a “sell” rating to a “hold” rating in a report on Thursday, August 9th. BidaskClub cut Discovery Inc Series C from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 19th. Finally, Zacks Investment Research upgraded Discovery Inc Series C from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a report on Monday, October 29th.

The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 1.84. The stock has a market capitalization of $15.59 billion, a price-to-earnings ratio of 13.26 and a beta of 1.19.

Discovery Inc Series C (NASDAQ:DISCK) last issued its earnings results on Thursday, November 8th. The company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.10). Discovery Inc Series C had a positive return on equity of 17.68% and a negative net margin of 8.28%. The firm had revenue of $2.59 billion for the quarter. On average, equities research analysts predict that Discovery Inc Series C will post 2.85 EPS for the current fiscal year.

Several large investors have recently modified their holdings of the company. Piedmont Investment Advisors LLC purchased a new stake in Discovery Inc Series C in the 2nd quarter valued at $102,000. NEXT Financial Group Inc purchased a new stake in Discovery Inc Series C in the 3rd quarter valued at $106,000. Trust Co. of Vermont raised its position in Discovery Inc Series C by 638.6% in the 2nd quarter. Trust Co. of Vermont now owns 6,352 shares of the company’s stock valued at $162,000 after buying an additional 5,492 shares during the last quarter. Qube Research & Technologies Ltd raised its position in Discovery Inc Series C by 51.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 6,625 shares of the company’s stock valued at $169,000 after buying an additional 2,256 shares during the last quarter. Finally, Wealthstreet Investment Advisors LLC purchased a new stake in Discovery Inc Series C in the 3rd quarter valued at $201,000. 55.85% of the stock is currently owned by institutional investors.

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Discovery Inc Series C Company Profile (NASDAQ:DISCK)

Discovery, Inc operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments. It owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, Velocity, Discovery Family Channel, Destination America, American Heroes Channel, Discovery Life, The Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.

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