According to Zacks, “Mediaset S.p.A. is a commercial television group. The Company engages in advertisement, free and pay TV, Fiction & Cinema, Information, Web and other activities, signal transmission and external activities. Mediaset S.p.A. is based in Milan, Italy. “
Separately, Societe Generale lowered shares of Mediaset from a buy rating to a hold rating in a research report on Friday, July 29th.
Shares of Mediaset (NASDAQ:MDIUY) traded down 2.75% during trading on Thursday, reaching $9.19. 103 shares of the company were exchanged. Mediaset has a 1-year low of $8.96 and a 1-year high of $15.44. The company’s market capitalization is $3.48 billion. The stock’s 50 day moving average is $9.44 and its 200 day moving average is $11.28.
Mediaset SpA is an Italy-based company engaged in the broadcasting sector. The Company is active in the broadcasting of commercial television in Italy and Spain. In Italy, it divides its activities into two main segments: Integrated Television Operations, which is involved in free-to-air generalist television, through RTI SpA, which manages Canale 5, Italia I and Rete 4, as well as a broad range of programs, such as football, television series, cinema, documentaries and children’s television; Network Infrastructure Services and Management, operates through Ei Towers SpA, which operates infrastructure networks and electronic communications services in the field of television, radio and mobile phone broadcasting.
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