Spotting A Winner: News Corp (NASDAQ: NWSA) Retreats -2.25 And It Still Have Room To Run

News Corp (NASDAQ:NWSA) currently has a daily average trading volume of 3.56M but it saw 3701915 shares traded in last market. With a market cap of 15.26B USD, the company’s current market price of $25.59 came falling about -2.25 while comparing to the previous closing price of $26.18. 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 $24.71 while lowest mark touched by it was $26.02.

Taking a look at 20-day trading activity of News Corp (NWSA) gives us an average price of $26.49, while its current price level is -16.62% below from 52-week high level whereas it is 12.98% 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 $27.69 while that of 200 days or SMA-200 reads an average of $27.58. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.07% during that period while stretching the period over a month that decreases to 3.46%. 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 42.75 which implies that the stock is in neutral territory.

Over the week, NWSA’s stock price is moving -1.84% down while it is -4.41% when we observe its performance for the past one month. Year-to-date it is -7.08% down and over the past year, the stock is showing an upside performance of 0.31%.

The company is expected to be releasing its next quarterly report on 2025-Feb-04, for which analysts forecasted an EPS of 0.13 while estimate for next year EPS is 0.88. 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 $8.62B and seeing the company making $8.73B 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 102.67% 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 35.30 while having a 27.35 of forward P/E ratio. Stock’s beta reads 1.31. Stock has a price to book (P/B) ratio of 1.78 while price to sale or P/S ratio amounts to 1.56. Its return on asset (ROA) is 2.60% on average.