Let’s start up with the current stock price of The New York Times Company (NYT), which is $31.35 to be very precise. The Stock rose vividly during the last session to $31.68 after opening rate of $31.52 while the lowest price it went was recorded $30.905 before closing at $31.14.Recently in News on August 3, 2022, The New York Times Company Reports 2022 Second-Quarter Results. The New York Times Company (NYSE: NYT) announced today that its second-quarter 2022 financial results are available on The New York Times Company’s investor relations website at investors.nytco.com. You can read further details here
The New York Times Company had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $48.42 on 01/03/22, with the lowest value was $27.63 for the same time period, recorded on 06/30/22.
The New York Times Company (NYT) full year performance was -28.35%
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 -44.21% during the 52-week period from high price, and 13.46% 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 $27.63 and $56.19.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 1354470 for the day, which was evidently lower, 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 -35.53%, having the revenues showcasing -22.19% 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 5.16B, as it employees total of 5000 workers.
Specialists analysis on The New York Times Company (NYT)
During the last month, 5 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 36.15, with a change in the price was noted -15.77. In a similar fashion, The New York Times Company posted a movement of -33.71% for the period of last 100 days, recording 1,333,643 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.
Trends and Technical analysis: The New York Times Company (NYT)
Raw Stochastic average of The New York Times Company in the period of last 50 days is set at 45.45%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 73.73%. In the last 20 days, the company’s Stochastic %K was 79.37% and its Stochastic %D was recorded 87.00%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -35.53%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -22.21%, alongside a downfall of -28.35% for the period of the last 12 months. The shares increased approximately by 4.57% in the 7-day charts and went down by 8.88% in the period of the last 30 days. Common stock shares were lifted by -22.19% during last recorded quarter.