Fox Corporation (NASDAQ:FOXA) currently has a daily average trading volume of 3.50M but it saw 3445100 shares traded in last market. With a market cap of 21.64B USD, the company’s current market price of $48.54 came falling about -0.57 while comparing to the previous closing price of $48.82. 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 $48.43 while lowest mark touched by it was $49.225.
Taking a look at 20-day trading activity of Fox Corporation (FOXA) gives us an average price of $49.00, while its current price level is -4.13% below from 52-week high level whereas it is 71.61% 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 $47.17 while that of 200 days or SMA-200 reads an average of $39.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.82% during that period while stretching the period over a month that increases to 1.95%. 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 52.66 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 -1.40% down while it is 2.53% when we observe its performance for the past one month. Year-to-date it is -0.08% down and over the past year, the stock is showing an upside performance of 55.88%.
Currently, Fox Corporation’s total number of outstanding shares is 222.25M with 1.15% of that held by the insiders while 114.08% of its common stock has been owned by the institutions. 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 11.86 while having a 12.63 of forward P/E ratio. Stock’s beta reads 0.77. Stock has a price to book (P/B) ratio of 1.97 while price to sale or P/S ratio amounts to 1.51. Its return on asset (ROA) is 8.69% on average.
