In yesterday’s Wall Street session, Sirius XM Holdings Inc (NASDAQ:SIRI) shares traded at $23.08, up 12.15% from the previous session.
SIRI stock price is now -11.67% away from the 50-day moving average and -22.57% away from the 200-day moving average. The market capitalization of the company currently stands at $8.78B.
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, while ‘JP Morgan’ rates the stock as ‘Underweight’
In other news, BERKSHIRE HATHAWAY INC, 10% Owner bought 2,069,377 shares of the company’s stock on Dec 19 ’24. The stock was bought for $43,160,131 at an average price of $20.86. Upon completion of the transaction, the 10% Owner now directly owns 117,468,573 shares in the company, valued at $2.71 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 18 ’24, 10% Owner BERKSHIRE HATHAWAY INC bought 1,454,467 shares of the business’s stock. A total of $32,212,175 was incurred on buying the stock at an average price of $22.15. This leaves the insider owning 115,399,196 shares of the company worth $2.66 billion. A total of 1.14% of the company’s stock is owned by insiders.
During the past 12 months, Sirius XM Holdings Inc has had a low of $20.47 and a high of $56.80. As of last week, the company has a debt-to-equity ratio of 0.99, a current ratio of 0.37, and a quick ratio of 0.37. The fifty day moving average price for SIRI is $26.13 and a two-hundred day moving average price translates $29.80785 for the stock.
The latest earnings results from Sirius XM Holdings Inc (NASDAQ: SIRI) was released for 2024-09-30. The net profit margin was -17.31% and return on equity was -38.24% for SIRI. The company reported revenue of $2.17 billion for the quarter, compared to $2.27 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.4 percent.
