News Reaches New 52-Week High (NWS)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Tuesday as it is currently trading at $20.36, above its previous 52-week high of $20.34 with 368,260 shares traded as of 11 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.
News has a market cap of $15.71 billion and is part of the
sector and
industry. Shares are up 11.4% year to date as of the close of trading on Friday.
News Corporation operates as a diversified media company worldwide. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates News as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full
.
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