DIS Stock Forecast: Can (NYSE: DIS) Reclaim Its Upper Levels?

DIS Stock Forecast: Can (NYSE: DIS) Reclaim Its Upper Levels?

1
Walt Disney stock price trades below the major 20, and 50 daily moving averages and manages a downward trendline for quite a long time.
2
Walt Disney Company (NYSE: DIS) stock’s 52-week price range is around $79.75 – $126.48.
The DIS stock has a share float of 1.826 Billion shares and a market cap of $148.03 Billion. The Walt Disney stock’s average volume for the last 10 days is 15.628 Million and its current volume is 11.034 Million.
Walt Disney stock has a CMP of $81.01 and an intraday loss of 0.36%. The Walt Disney stock’s EPS (earnings per share) for the trailing twelve months is 1.23 and its price-to-earnings (P/E ratio) for TTM is 65.98.
The latest quarterly report for the period ending June 2023 showed a revenue of $22.26 Billion, a net income of -$460.00 Million, and a profit margin of -2.07%. The next quarter’s revenue is estimated to be 21.402 Billion.
The latest quarterly balance sheet of Walt Disney stock for the quarter ending Ju

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