News Corp (NASDAQ: NWSA) is -0.77% lower on its value in year-to-date trading and has touched a low of $16.35 and a high of $28.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NWSA stock was last observed hovering at around $24.92 in the last trading session, with the day’s loss setting it -0.56%.
Currently trading at $24.36, the stock is -5.34% and -5.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing -2.25% at the moment leaves the stock 8.24% off its SMA200. NWSA registered 40.81% gain for a year compared to 6-month gain of 16.56%.
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 stock witnessed a -7.55% loss in the last 1 month and extending the period to 3 months gives it a 0.58%, and is -5.07% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.75% over the week and 1.68% over the month.
News Corp (NWSA) has around 25000 employees, a market worth around $13.82B and $9.96B in sales. Current P/E ratio is 61.39 and Fwd P/E is 27.94. Profit margin for the company is 2.29%. Distance from 52-week low is 48.99% and -13.00% from its 52-week high. The company has generated returns on investments over the last 12 months (1.86%).
The EPS is expected to grow by 40.04% this year.
News Corp (NWSA) Top Institutional Holders
The shares outstanding are 379.95M, and float is at 375.74M with Short Float at 2.28%.
News Corp (NWSA) Insider Activity
The most recent transaction is an insider sale by PANUCCIO SUSAN,the company’sChief Financial Officer. SEC filings show that PANUCCIO SUSAN sold 10,758 shares of the company’s common stock on Aug 16 ’23 at a price of $21.38 per share for a total of $0.23 million. Following the sale, the insider now owns 0.15 million shares.
News Corp disclosed in a document filed with the SEC on Aug 15 ’23 that PANUCCIO SUSAN (Chief Financial Officer) sold a total of 184,212 shares of the company’s common stock. The trade occurred on Aug 15 ’23 and was made at $20.97 per share for $3.86 million. Following the transaction, the insider now directly holds 0.17 million shares of the NWSA stock.
Still, SEC filings show that on Aug 15 ’23, Pitofsky David B (General Counsel) disposed off 58,000 shares at an average price of $20.98 for $1.22 million. The insider now directly holds 83,291 shares of News Corp (NWSA).
