E.W. Scripps Company (The) (SSP) had a rough trading day for Wednesday November 13 as shares tumbled 5.5%, or a loss of $-0.835 per share, to close at $14.35. After opening the day at $14.95, shares of E.W. Scripps Company (The) traded as high as $15.13 and as low as $14.22. Volume was 309,543 shares over 4,169 trades, against an average daily volume of n/a shares and a total float of 80.87 million.
As a result of the decline, E.W. Scripps Company (The) now has a market cap of $1.16 billion. In the last year, shares of E.W. Scripps Company (The) have traded between a range of $23.41 and $11.36, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers, primarily in medium-sized cities in the southern and western portions of the United States. The company’s portfolio of broadcast television stations are mostly major network-affiliated and are located in the top-fourty television markets in the U.S., including Detroit and Phoenix. It operates in reportable business segments namely, Local Media, National Media and Other.
E.W. Scripps Company (The) is based out of Cincinnati, OH and has some 3,950 employees. Its CEO is Adam P. Symson.
E.W. Scripps Company (The) is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
