The Walt Disney Company (NYSE:DIS) Best Opening Weekend at $80M

Stocks of the DayDiversified universal entertainment firm Walt Disney Company (NYSE:DIS) declared on Monday that its  ’Oz the Great and Powerful’, “The Wizard of Oz,” gave the most excellent opening weekend of 2013 at U.S. and Canadian theaters, by having $80.3M.

The firm declared the sales were about three flip that of previous week’s picture, “Jack the Giant Slayer.” The researcher Hollywood.com Box-Office stated yesterday in an e- mail statement that it plunged to next place last weekend with $10M for Time Warner Inc (NYSE:TWX)’s New Line Cinema.

The movie ‘Oz the Great and Powerful’ declared the third-highest March opening, at the back was ‘The Hunger Games’ with $152.5M while ‘Alice in Wonderland’  made $116.1M. It also topped this year’s previous best debut of $34.6 million in sales by Universal Pictures’ “Identity Thief,” according to Hollywood.com.

The president of Hollywood.com’s box-office unit, Paul Dergarabedian stated in an e-mail that Oz’ is perhaps one of the nearly all identifiable brand in the world as well as has a built-in fan base. He added that Jack is intended at teens and 20-something males, who have apparently checked out of going to the movies thus far this year.

Coming to the stock performance; In last session The Walt Disney Company (NYSE:DIS) in last trading session end up at $57.39 by rising up 1.90% with traded volume of 8.15 million which is down the average volume of 8.79 million.

The stock price saw week’s volatility of 1.27% and month’s volatility is 1.30%, while the stock price of the company is moving up from its 20 days moving average with 4.37% and isolated positively from 50 days moving average with 7.77%.

Looking at Analytic Ratios; the price to sales ratio of DIS in past twelve months was calculated as 2.42 and price to cash ratio as 32.31. Company return on equity ratio is recorded as 14.31% and its return on asset is 7.88%.

DIS belongs to Services sector. At previous trading Dow Jones U.S. Consumer Services Index (SCY) was at 485.29 with 0.95% change.

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