Fox Corporation (NASDAQ:FOXA) currently has a daily average trading volume of 3.48M but it saw 1324446 shares traded in last market. With a market cap of 22.41B USD, the company’s current market price of $49.99 came rising about 1.09 while comparing to the previous closing price of $49.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $50.63 and as low as $28.28. In the recent trading on the day, stock has struck highest price mark of $49.38 while lowest mark touched by it was $50.0.
Taking a look at 20-day trading activity of Fox Corporation (FOXA) gives us an average price of $47.48, while its current price level is -1.26% below from 52-week high level whereas it is 76.74% 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 $45.37 while that of 200 days or SMA-200 reads an average of $38.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.32% during that period while stretching the period over a month that decreases to 1.98%. 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 70.50 which implies that the stock is in overbought 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 1.87% up while it is 6.70% when we observe its performance for the past one month. Year-to-date it is 68.49% up and over the past year, the stock is showing an upside performance of 67.70%.
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 12.22 while having a 13.06 of forward P/E ratio. Stock’s beta reads 0.77. Stock has a price to book (P/B) ratio of 2.03 while price to sale or P/S ratio amounts to 1.56. Its return on asset (ROA) is 8.69% on average.
