The New York Times Company (NYT) is priced at $43.26 after the most recent trading session. At the very opening of the session, the stock price was $43.50 and reached a high price of $43.60, prior to closing the session it reached the value of $43.65. The stock touched a low price of $42.365.
Recently in News on August 5, 2020, The New York Times Company Reports 2020 Second-Quarter Results. The New York Times Company (NYSE: NYT) announced today second-quarter 2020 diluted earnings per share from continuing operations of $.14 compared with $.15 in the same period of 2019. Adjusted diluted earnings per share from continuing operations (defined below) was $.18 in the second quarter of 2020 compared with $.17 in the second quarter of 2019. You can read further details here
The New York Times Company had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $47.95 on 08/06/20, with the lowest value was $26.13 for the same time period, recorded on 03/19/20.
The New York Times Company (NYT) full year performance was 42.07%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, The New York Times Company shares are logging -9.78% during the 52-week period from high price, and 65.56% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $26.13 and $47.95.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 2474905 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the The New York Times Company (NYT) recorded performance in the market was 34.47%, having the revenues showcasing 4.29% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 7.14B, as it employees total of 4500 workers.
The New York Times Company (NYT) in the eye of market guru’s
During the last month, 3 analysts gave the The New York Times Company a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 40.53, with a change in the price was noted +11.04. In a similar fashion, The New York Times Company posted a movement of +34.26% for the period of last 100 days, recording 1,478,619 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NYT is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
The New York Times Company (NYT): Stocks Technical analysis and Trends
Raw Stochastic average of The New York Times Company in the period of last 50 days is set at 31.13%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 19.52%. In the last 20 days, the company’s Stochastic %K was 18.07% and its Stochastic %D was recorded 16.38%.
If we look into the earlier routines of The New York Times Company, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 34.47%. Additionally, trading for the stock in the period of the last six months notably improved by 15.42%, alongside a boost of 42.07% for the period of the last 12 months. The shares increased approximately by -0.25% in the 7-day charts and went up by -8.70% in the period of the last 30 days. Common stock shares were driven by 4.29% during last recorded quarter.