What Does Technical Indicators say About Sinclair Broadcast Group, Inc. (NASDAQ:SBGI)?

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for the period of 9-Day stands at 65.67% while the stochastic %D for the same period stands at 47.28%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Sinclair Broadcast Group, Inc. (NASDAQ:SBGI)’s 20-Day Bollinger Band indicates “Buy”.

About Company

Sinclair Broadcast Group is a diversified broadcasting company that owns or provides programming services pursuant to local marketing agreements to more television stations than any other commercial broadcasting group in the United States.

Previous Day Activity Analysis

On the last trading day, Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) opened the session at $31.75 and after going up 0.63% closed at $31.75. The stock gained 0 points in the last trade.

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI)’s stock fluctuated in the range of $31.55 and $32.10 during the previous active session. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) traded with the volume of 1.32 Million with average volume of 1.61 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 1.91 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.1 and 60.61 respectively.

Currently the Insider Ownership of the shares of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) is at 0.4% and the shares outstanding are 101.06 Million.

Important Ratio Analysis

Some important ratios to consider here for Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) are discussed below:

Dividend yield of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) stands at 2.27% whereas Price to Earnings P/E ratio stands at 11.91 while Forward P/E shows the value of 10.31.

The Price to Sale P/S and Price to Book P/B shows the value of 1.15 and 2.84 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 5.33 and 7.07 correspondingly.

The Quick Ratio of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) stands at 1.7 while the Current Ratio depicts the value of 1.7.

Return on Assets ROA of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) is at 4% whereas, Return on Equity ROE and Return of Investment ROI of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) stand at 25.2% and 9.3% respectively.

The payout ratio of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) stands at 26.8%.

Stock Performance Analysis

The stock performance of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) on the basis of 5 day trade show the jump of 5.83% whereas, the monthly performance of the stock shows increase of 7.08%.

The quarterly performance of the stock remained in green zone with the value of 5.31% while six month performance of the shares of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) remained bearish with the count of -7.16%.

The yearly and YTD performance of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) remained mix at 15.04% and -4.8% respectively.

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