Dreamworks Animation SKG, Inc. (DWA) shares have dropped by 7.3 per cent during the past week and by nearly 15.50 per cent over the course of last month. According to trade pundits, DWA has underperformed the index by 12.96 per cent in the last 4 weeks and have cautioned investors to watch out for further signals for future trades.
The company shares have tumbled 39.14 per cent since last year. On 5 June, 2015 the shares registered one year high of $29.75 and one year low was seen on 24 September, 2015 at $17.02. The 50-day moving average is $19.47 and the 200 day moving average is recorded at $23.91. The company has a market cap of $1,337 million and there are 77,985,000 shares in outstanding.
DWA is engaged in the development, production and exploitation of animated films and their associated characters in the worldwide theatrical, home entertainment, television, merchandising and licensing and other markets. DreamWorks Animation creates family entertainment, including animated feature films, television specials and series, live entertainment properties and related consumer products, meant for audiences around the world. The Company’s films are distributed in theatrical, home entertainment and television markets on a worldwide basis by Paramount Pictures Corporation, a subsidiary of Viacom Inc. (Viacom), and its affiliates (collectively, Paramount).