Sirius XM Radio Announces Wide-Ranging Programming Plans for Super Bowl - NASDAQ:SIRI
Sirius XM Radio Inc NASDAQ:SIRI recently declared its intentions to broadcast Super Bowl XLVI in 10 languages which will help in providing listeners 13 different live broadcasts in addition to a broad offering of sports and entertainment programming from Indianapolis throughout Super Bowl Week.
Company will render the most extensive lineup of play-by-play broadcasts on Super Bowl Sunday, February 5 at about 6:00 pm ET, live from Lucas Oil Stadium to SiriusXM subscribers. Sirius XM Radio is the Official Satellite Radio Partner of the NFL.
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SIRI is basically a Broadcasting - Radio industry company. The sales of company resulted $2.97 billion for last consecutive twelve months, and the company’s net income recorded $274.18 million. The company’s growth of its sales (5-Year Annual Avg.) in recent quarter vs. year ago quarter recorded 63.35% which is below from Standard and Poor’s benchmark of 7.72%.
Company is on an optimistic track of growth as the pre-tax margin of Sirius XM Radio Inc NASDAQ:SIRI is 9.53% which is below the industry benchmark for pre-tax margin of 13.4% and below the Standard and Poor’s benchmark for pre-tax margin of 17.83%.
The stock price of company on January 31, 2011 increased 2.46% and settled to the closing price of $ 2.08. The overall volume in the last trading session was 66.84 million shares. Its fifty two week range was $1.27-$2.44. The total market capitalization remained $7.8 billion.
SIRI current stock price is moving above its 52 week low by 63.78% and moving below from 52 week high price by 14.75%. SIRI last month stock price volatility remained 3.23%. In its share capital, SIRI has 3.75 billion outstanding shares while company’s float is 3.68 billion shares. Ownership of company is 41.69% institutional.
Sirius XM Radio is America’s satellite radio company. SiriusXM broadcasts more than 135 satellite radio channels of commercial-free music, and premier sports, news, talk, entertainment, traffic, weather, and data services to over 21 million subscribers. SiriusXM offers an array of content from many of the biggest names in entertainment, as well as from professional sports leagues, major colleges, and national news and talk providers.
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