LGF.A Stock Summary and Trading Ideas (Lions Gate Entertainment Class A Voting Shares | NYSE:LGF.A)

Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.

Lions Gate Entertainment Class A Voting Shares trades on the NYSE stock market under the symbol LGF.A.

As of April 17, 2024, LGF.A stock price declined to $10.14 with 594,126 million shares trading.

LGF.A has a beta of 1.04, meaning it tends to be more sensitive to market movements. LGF.A has a correlation of 0.07 to the broad based SPY ETF.

LGF.A has a market cap of $2.38 billion. This is considered a Mid Cap stock.

In the last 3 years, LGF.A stock traded as high as $21.42 and as low as $5.46.

The top ETF exchange traded funds that LGF.A belongs to (by Net Assets): VTI, VB, IWM, VXF, VBR.

LGF.A has underperformed the market in the last year with a return of -6.4%, while the SPY ETF gained +22.5%. In the last 3 month period, LGF.A fell short of the market, returning -3.0%, while SPY returned +6.3%. However, in the most recent 2 weeks LGF.A has outperformed the stock market by returning +0.9%, while SPY returned -3.6%.

LGF.A support price is $9.94 and resistance is $10.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LGF.A stock will trade within this expected range on the day.