The market performance of News Corp’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $28.00 on 02/08/24, while the lowest value for the same duration was $16.35 on 05/10/23.
52-week price history of NWSA Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. News Corp’s current trading price is -8.75% away from its 52-week high, while its distance from the 52-week low is 56.27%. The stock’s price range during this period has spanned from $16.35 to $28.00. In the Communication Services sector, the News Corp’s shares surpassed a trading volume of approximately 3.31 million for the day, which was noticeably higher compared to the average daily volume of 9.2.89 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
News Corp (NWSA) has experienced a quarterly rise of 5.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.49B and boasts a workforce of 25000 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 24.34, with a change in price of +4.14. Similarly, News Corp recorded 2,768,565 in trading volume during the last 100 days, posting a change of +19.34%.
Examining NWSA’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NWSA stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.50.
NWSA Stock Stochastic Average
Today, News Corp’s raw stochastic average for the past 50 days stands at 42.76%, indicating a rise from the raw stochastic average of the last 20 days, which was 12.47%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 15.30% and 20.90% respectively.
NWSA Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 4.07% this year. Over the last six months, there has been a weaker performance of 31.50%. The price of NWSA leaped by -1.24% during the last 30 days period. For the last 5-days stocks have slided -2.81%.
