Fox Corporation (NASDAQ:FOXA) currently has a daily average trading volume of 3.40M but it saw 4105967 shares traded in last market. With a market cap of 21.06B USD, the company’s current market price of $47.34 came rising about 2.76 while comparing to the previous closing price of $46.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $47.58 and as low as $28.28. In the recent trading on the day, stock has struck highest price mark of $46.22 while lowest mark touched by it was $47.575.
Taking a look at 20-day trading activity of Fox Corporation (FOXA) gives us an average price of $46.43, while its current price level is -0.51% below from 52-week high level whereas it is 67.37% 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 $44.22 while that of 200 days or SMA-200 reads an average of $37.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.03% during that period while stretching the period over a month that decreases to 1.82%. 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 62.15 which implies that the stock is in neutral territory.
Wells Fargo upgraded its recommendation for the stock as a “Overweight” from “Underweight” on August 16, 2024 while assigning a price target range of $29-$46. Goldman issued its recommendations for the stock as it initiated the price target for the stock is $42.
Over the week, FOXA’s stock price is moving 1.48% up while it is 0.94% when we observe its performance for the past one month. Year-to-date it is 59.56% up and over the past year, the stock is showing an upside performance of 62.68%.
Currently, Fox Corporation’s total number of outstanding shares is 222.25M. Company’s return on investment (ROI) stands at 10.25% and return on equity (ROE) at 17.74%. It has a price to earnings ratio (P/E ratio) of 11.57 while having a 12.49 of forward P/E ratio. Stock’s beta reads 0.78. Stock has a price to book (P/B) ratio of 1.92 while price to sale or P/S ratio amounts to 1.47. Its return on asset (ROA) is 8.69% on average.
