Hemisphere Media Group (HMTV) Rating Lowered to Hold at BidaskClub
BidaskClub lowered shares of Hemisphere Media Group (NASDAQ:HMTV) from a buy rating to a hold rating in a research report released on Wednesday.
A number of other research analysts have also commented on HMTV. ValuEngine raised shares of Hemisphere Media Group from a sell rating to a hold rating in a research report on Wednesday, August 8th. Royal Bank of Canada upped their price objective on shares of Hemisphere Media Group from $16.00 to $17.00 and gave the company an outperform rating in a research report on Tuesday, November 6th.
Shares of HMTV traded down $0.13 during trading hours on Wednesday, reaching $13.18. 400 shares of the company traded hands, compared to its average volume of 35,829. The company has a quick ratio of 3.64, a current ratio of 3.64 and a debt-to-equity ratio of 0.90. Hemisphere Media Group has a 1-year low of $10.50 and a 1-year high of $14.25.
Hemisphere Media Group Company Profile
Hemisphere Media Group, Inc owns and operates Spanish-language cable television broadcasting networks and digital content platform in the United States and internationally. It operates Cinelatino, a cable movie network with approximately 20 million subscribers in the United States, Latin America, and Canada; WAPA, a broadcast television network and television content producer; and WAPA.TV, a broadband news and entertainment Website, as well as distributes WAPA2 Deportes, a sports television network in Puerto Rico.
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