Should You Sell News Corp (NWS) And Go Away This Year?

News Corp (NASDAQ:NWS) currently has a daily average trading volume of 740.22K but it saw 737968 shares traded in last market. With a market cap of 15.41B USD, the company’s current market price of $27.05 came falling about -1.53 while comparing to the previous closing price of $27.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $29.59 and as low as $20.01. In the recent trading on the day, stock has struck highest price mark of $26.805 while lowest mark touched by it was $27.45.

Taking a look at 20-day trading activity of News Corp (NWS) gives us an average price of $28.47, while its current price level is -8.58% below from 52-week high level whereas it is 35.18% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $28.33 while that of 200 days or SMA-200 reads an average of $26.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.17% during that period while stretching the period over a month that decreases to 1.90%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.82 which implies that the stock is in neutral territory.

Over the week, NWS’s stock price is moving -4.18% down while it is -3.74% when we observe its performance for the past one month. Year-to-date it is 5.17% up and over the past year, the stock is showing an upside performance of 24.88%.

Currently, News Corp’s total number of outstanding shares is 190.42M. Company’s return on investment (ROI) stands at 2.22% and return on equity (ROE) at 3.29%. It has a price to earnings ratio (P/E ratio) of 58.32 while having a 27.67 of forward P/E ratio. Stock’s beta reads 1.39. Stock has a price to book (P/B) ratio of 1.90 while price to sale or P/S ratio amounts to 1.53. Its return on asset (ROA) is 1.58% on average.