News Corp (NASDAQ:NWSA) currently has a daily average trading volume of 2.79M but it saw 2910039 shares traded in last market. With a market cap of 15.65B USD, the company’s current market price of $26.29 came falling about -1.79 while comparing to the previous closing price of $26.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $30.69 and as low as $22.65. In the recent trading on the day, stock has struck highest price mark of $26.25 while lowest mark touched by it was $26.9302.
Taking a look at 20-day trading activity of News Corp (NWSA) gives us an average price of $28.38, while its current price level is -14.34% below from 52-week high level whereas it is 16.07% 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 $28.16 while that of 200 days or SMA-200 reads an average of $27.65. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.44% during that period while stretching the period over a month that increases to 2.44%. 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 27.58 which implies that the stock is in oversold territory.
Over the week, NWSA’s stock price is moving -6.97% down while it is -10.73% when we observe its performance for the past one month. Year-to-date it is -4.54% down and over the past year, the stock is showing a downside performance of -0.72%.
The company is expected to be releasing its next quarterly report on 2025-Feb-04, for which analysts forecasted an EPS of 0.14 while estimate for next year EPS is 0.9. In next quarter, company is expected to be making quarterly sales of $2.1B as analysts are expecting the sales for current fiscal year at $8.61B and seeing the company making $8.71B in sales next year. Moreover, analysts are in estimates of $2B for current-quarter revenue.
Currently, News Corp’s total number of outstanding shares is 378.38M with 0.08% of that held by the insiders while 102.54% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.77% and return on equity (ROE) at 5.23%. It has a price to earnings ratio (P/E ratio) of 36.26 while having a 28.06 of forward P/E ratio. Stock’s beta reads 1.26. Stock has a price to book (P/B) ratio of 1.83 while price to sale or P/S ratio amounts to 1.59. Its return on asset (ROA) is 2.60% on average.
