Discovery Inc Series B (NASDAQ:DISCB) Share Price Passes Above 50-Day Moving Average of $35.03

Shares of Discovery Inc Series B (NASDAQ:DISCB) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $35.03 and traded as high as $37.00. Discovery Inc Series B shares last traded at $37.00, with a volume of 18 shares traded.

Separately, ValuEngine upgraded Discovery Inc Series B from a “strong sell” rating to a “sell” rating in a report on Wednesday, November 20th.

The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 1.33. The company has a market cap of $19.44 billion, a PE ratio of 10.77 and a beta of 1.25. The firm has a 50 day moving average of $35.05 and a two-hundred day moving average of $34.29.

About Discovery Inc Series B (NASDAQ:DISCB)

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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