Fox Corporation (NASDAQ: FOX) has a price-to-earnings ratio of 13.58x that is above its average ratio.
The average price predicted by analysts for FOX is $36.05, which is $7.32 above the current price. The public float for FOX is 131.76M and currently, short sellers hold a 1.77% ratio of that float. The average trading volume of FOX on May 25, 2023 was 1.12M shares.
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Sponsored
FOX) stock’s latest price update
The stock price of Fox Corporation (NASDAQ: FOX) has surged by 0.63 when compared to previous closing price of 28.65, but the company has seen a 0.45% gain in its stock price over the last five trading sessions. The Wall Street Journal reported on 04/17/23 that Fox News, Dominion Face Risks if Defamation Case Goes to Trial
FOX’s Market Performance
FOX’s stock has risen by 0.45% in the past week, with a monthly drop of -3.03% and a quarterly drop of -12.79%. The volatility ratio for the week is 1.71% while the volatility levels for the last 30 days are 2.38% for Fox Corporation The simple moving average for the past 20 days is -1.16% for FOX’s stock, with a -4.68% simple moving average for the past 200 days.
FOX Trading at -4.24% from the 50-Day Moving Average
After a stumble in the market that brought FOX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.24% of loss for the given period.
Volatility was left at 2.38%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares sank -4.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.45% lower at present.
During the last 5 trading sessions, FOX rose by +0.35%, which changed the moving average for the period of 200-days by -8.13% in comparison to the 20-day moving average, which settled at $29.10. In addition, Fox Corporation saw 1.34% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FOX starting from DINH VIET D, who sale 72,207 shares at the price of $35.91 back on Feb 09. After this action, DINH VIET D now owns 49,384 shares of Fox Corporation, valued at $2,592,953 using the latest closing price.
MURDOCH LACHLAN K, the Executive Chair, CEO of Fox Corporation, purchase 126,773 shares at $36.50 during a trade that took place back on Aug 15, which means that MURDOCH LACHLAN K is holding 815,335 shares at $4,627,214 based on the most recent closing price.
Stock Fundamentals for FOX
Current profitability levels for the company are sitting at:
- +18.42 for the present operating margin
- +32.16 for the gross margin
The net margin for Fox Corporation stands at +8.62. The total capital return value is set at 13.16, while invested capital returns managed to touch 6.40.
Based on Fox Corporation (FOX), the company’s capital structure generated 68.07 points at debt to equity in total, while total debt to capital is 40.50. Total debt to assets is 34.79, with long-term debt to equity ratio resting at 67.12. Finally, the long-term debt to capital ratio is 39.94.
When we switch over and look at the enterprise to sales, we see a ratio of 1.23, with the company’s debt to enterprise value settled at 0.37. The receivables turnover for the company is 6.72 and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.61.
Conclusion
In conclusion, Fox Corporation (FOX) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
