News Corp (NASDAQ: NWSA) open the trading on Thursday, with a bit cautious approach as it glided -1.43% to $24.21, before settling in for the price of $24.56 at the close. Taking a more long-term approach, NWSA posted a 52-week range of $16.35-$28.00.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Communication Services Sector giants’ yearly sales growth during the last 5-year period was 2.21%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 39.44%. This publicly-traded company’s shares outstanding now amounts to $379.95 million, simultaneously with a float of $375.74 million. The organization now has a market capitalization sitting at $13.73 billion. At the time of writing, stock’s 50-day Moving Average stood at $25.66, while the 200-day Moving Average is $22.74.
News Corp (NWSA) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Entertainment industry. News Corp’s current insider ownership accounts for 33.75%, in contrast to 68.29% institutional ownership. According to the most recent insider trade that took place on Aug 16 ’23, this organization’s Chief Financial Officer sold 10,758 shares at the rate of 21.38, making the entire transaction reach 230,006 in total value, affecting insider ownership by 154,287. Preceding that transaction, on Aug 15 ’23, Company’s Chief Financial Officer sold 184,212 for 20.97, making the whole transaction’s value amount to 3,863,662. This particular insider is now the holder of 165,045 in total.
News Corp (NWSA) Earnings and Revenue Records
News Corp’s EPS increase for this current 12-month fiscal period is 39.44% and is forecasted to reach 0.87 in the upcoming year.
News Corp (NASDAQ: NWSA) Trading Performance Indicators
Let’s observe the current performance indicators for News Corp (NWSA). It’s Quick Ratio in the last reported quarter now stands at 1.33. The Stock has managed to achieve an average true range (ATR) of 0.42. Alongside those numbers, its PE Ratio stands at $61.01, and its Beta score is 1.35. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.38. Similarly, its price to free cash flow for trailing twelve months is now 19.12.
In the same vein, NWSA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.40, a figure that is expected to reach 0.11 in the next quarter, and analysts are predicting that it will be 0.87 at the market close of one year from today.
Technical Analysis of News Corp (NWSA)
[News Corp, NWSA] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 56.16% While, its Average True Range was 0.40.
Raw Stochastic average of News Corp (NWSA) in the period of the previous 100 days is set at 41.51%, which indicates a major rise in contrast to 13.58% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 17.57% that was lower than 20.22% volatility it exhibited in the past 100-days period.
