News Corp (NWSA) Down -15.05% From Its 52-Week High, But Growth Potential Is Changing Over Time

News Corp (NASDAQ:NWSA) currently has a daily average trading volume of 3.29M but it saw 6478970 shares traded in last market. With a market cap of 15.43B USD, the company’s current market price of $26.07 came falling about -3.66 while comparing to the previous closing price of $27.06. 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 $25.925 while lowest mark touched by it was $26.765.

Taking a look at 20-day trading activity of News Corp (NWSA) gives us an average price of $27.04, while its current price level is -15.05% below from 52-week high level whereas it is 15.10% 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 $28.02 while that of 200 days or SMA-200 reads an average of $27.64. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.48% during that period while stretching the period over a month that decreases 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 35.42 which implies that the stock is in neutral territory.

Over the week, NWSA’s stock price is moving -3.23% down while it is -7.36% when we observe its performance for the past one month. Year-to-date it is -5.34% down and over the past year, the stock is showing an upside performance of 2.20%.

Currently, News Corp’s total number of outstanding shares is 378.38M. 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 35.96 while having a 27.83 of forward P/E ratio. Stock’s beta reads 1.31. Stock has a price to book (P/B) ratio of 1.82 while price to sale or P/S ratio amounts to 1.57. Its return on asset (ROA) is 2.60% on average.