Comcast is a broadcasting and cable TV company. They are the largest cable company and internet service provider in the US. They also do land line phone service as well. In addition, they own networks like NBC Sports, E! and the Golf Channel.
Their last share price was at $25.86. Their 52 week high was $27 and low was $19. Their average daily volume trading is 13 million shares. That means it’s fairly liquid. Their market cap is at $70 billion with 2.7 billion shares outstanding.
Their sales grew from $35.76 billion in 2009 to $37.94 billion in 2010. Their net profit margin grew from 14% to 16%. But their net income was flat due to higher taxes. They had higher net profit before taxes of $6.1 billion, up from $5.1 billion the year before.
Their balance sheet looks strong. They fortified their liquidity situation. Their cash reserves went from $721 million to $6 billion. Go here to find out more on how to invest in stocks.
