May 13, 2013 (Fast Lane via COMTEX) -- Below are the three companies in the Cable & Satellite industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Cablevision Systems (NYSE:CVC) is highest with a beta of 1.3. Cablevision Systems Corporation provides telecommunications and entertainment services. The Company has operations in multimedia delivery, subscription cable television services, championship professional sports teams, and national television program networks. Over the past year, Cablevision Systems has traded in a range of $10.76 to $18.86 and is now at $15.67, 46% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.2%.
Following is Comcast (NASDAQ:CMCSA) with a beta of 1.1. Finishing up the top three is Outdoor Channel Holdings (NASDAQ:OUTD), with a beta of 1.1. ---------------------------------------------------------------------------------------------
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