BidaskClub downgraded shares of Discovery Inc Series C (NASDAQ:DISCK) from a hold rating to a sell rating in a report published on Tuesday, BidAskClub reports.

Separately, ValuEngine raised Discovery Inc Series C from a strong sell rating to a sell rating in a research note on Wednesday, January 8th.

DISCK traded down $0.17 during trading on Tuesday, reaching $28.73. The company had a trading volume of 187,184 shares, compared to its average volume of 3,154,678. The firm’s 50-day simple moving average is $29.46 and its 200 day simple moving average is $27.76. The company has a market cap of $14.90 billion, a price-to-earnings ratio of 11.09 and a beta of 1.45. Discovery Inc Series C has a 12-month low of $24.04 and a 12-month high of $31.20. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.52 and a current ratio of 1.52.

Large investors have recently added to or reduced their stakes in the business. Capital Management Corp VA purchased a new position in Discovery Inc Series C during the 3rd quarter valued at about $1,563,000. Redpoint Investment Management Pty Ltd lifted its holdings in shares of Discovery Inc Series C by 599.9% during the 3rd quarter. Redpoint Investment Management Pty Ltd now owns 77,593 shares of the company’s stock valued at $1,910,000 after buying an additional 66,507 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. lifted its holdings in shares of Discovery Inc Series C by 15.1% during the 3rd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 128,793 shares of the company’s stock valued at $3,171,000 after buying an additional 16,858 shares during the last quarter. Diligent Investors LLC acquired a new stake in shares of Discovery Inc Series C during the 4th quarter valued at about $221,000. Finally, Squarepoint Ops LLC lifted its holdings in shares of Discovery Inc Series C by 58.1% during the 3rd quarter. Squarepoint Ops LLC now owns 132,325 shares of the company’s stock valued at $3,258,000 after buying an additional 48,603 shares during the last quarter. 56.08% of the stock is currently owned by institutional investors.

Discovery Inc Series C Company Profile

Discovery, Inc operates as a media company worldwide. The company operates through two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, MotorTrend, Food Network, HGTV, Travel Channel, TVN, DIY Network, Cooking Channel, Discovery Family Channel, American Heroes Channel, Destination America, Discovery Life, Discovery en Espanol, Discovery Familia, Great American Country, the Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.

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