Nine Entertainment traded at 1.15 this Friday February 6th, decreasing 0.05 or 4.18 percent since the previous trading session. Looking back, over the last four weeks, Nine Entertainment lost 4.09 percent. Over the last 12 months, its price fell by 11.24 percent. Looking ahead, we forecast Nine Entertainment to be priced at 1.12 by the end of this quarter and at 1.05 in one year, according to Trading Economics global macro models projections and analysts expectations.
Nine Entertainment Co. Holdings Ltd is an Australia-based media company. The Company is focused on providing brands spanning news, sport, lifestyle, and entertainment to users. It operates through four segments: Broadcasting, Digital and Publishing, Domain Group and Stan. Its Broadcasting segment includes free-to-air television activities, 9Now and metropolitan radio networks in Australia. The Digital and Publishing segment includes Nine Digital, including Nine.com.au and other digital activities, and Metropolitan Media, including metropolitan news, sport, lifestyle and business media across various platforms. Domain Group includes real estate, media, and services businesses. Stan segment offers a subscription video on-demand service. Its assets include the 9Network, The Sydney Morning Herald, The Age and The Australian Financial Review; radio stations, such as 2GB, 3AW, 4BC and 6PR; digital properties, such as nine.com.au, 9Now, 9Honey, Pedestrian.TV, Drive and others.