News Corp (NASDAQ: NWS) has seen a rise in its stock price by 2.94 in relation to its previous close of 31.32. However, the company has experienced a 10.87% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-08 that Increased Minority Ownership Stake Furthers Growing Commitment to the Risk and Compliance Market NEW YORK, Nov. 8, 2024 /PRNewswire/ — Dow Jones today announced it has expanded its ownership stake in Ripjar, a global leader in data intelligence software. This strategic investment reflects Dow Jones’s ongoing commitment to providing leading-edge AI to the risk and compliance community.
Is It Worth Investing in News Corp (NASDAQ: NWS) Right Now?
The price-to-earnings ratio for News Corp (NASDAQ: NWS) is 69.51x, which is above its average ratio. Moreover, the 36-month beta value for NWS is 1.39.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for NWS is 87.41M and currently, short sellers hold a 3.66% of that float. On November 08, 2024, NWS’s average trading volume was 638.18K shares.
NWS’s Market Performance
NWS stock saw an increase of 10.87% in the past week, with a monthly gain of 19.27% and a quarterly increase of 14.73%. The volatility ratio for the week is 1.44%, and the volatility levels for the last 30 days are 1.53% for News Corp (NWS). The simple moving average for the last 20 days is 11.89% for NWS stock, with a simple moving average of 17.54% for the last 200 days.
NWS Trading at 14.60% from the 50-Day Moving Average
After a stumble in the market that brought NWS to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.72% of gains for the given period.
Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 1.44%, as shares surge +16.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.68% upper at present.
During the last 5 trading sessions, NWS rose by +10.14%, which changed the moving average for the period of 200-days by +24.73% in comparison to the 20-day moving average, which settled at $28.80. In addition, News Corp saw 25.35% 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 NWS starting from Kline David R, who sale 10,000 shares at the price of $26.96 back on Sep 05 ’24. After this action, Kline David R now owns 0 shares of News Corp, valued at $269,626 using the latest closing price.
Kline David R, the Officer of News Corp, proposed sale 10,000 shares at $26.96 during a trade that took place back on Sep 05 ’24, which means that Kline David R is holding shares at $269,626 based on the most recent closing price.
Stock Fundamentals for NWS
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.43 for the gross margin
The net margin for News Corp stands at 0.04. The total capital return value is set at 0.05. Equity return is now at value 3.29, with 1.58 for asset returns.
Based on News Corp (NWS), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is 16.67.
Currently, EBITDA for the company is 1.54 billion with net debt to EBITDA at 1.41. When we switch over and look at the enterprise to sales, we see a ratio of 1.93. The receivables turnover for the company is 6.43for trailing twelve months and the total asset turnover is 0.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
To wrap up, the performance of News Corp (NWS) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
