NEW YORK (

TheStreet

) --

News

(Nasdaq:

NWS

) hit a new 52-week high Monday as it is currently trading at $20.10, above its previous 52-week high of $20.08 with 1.2 million shares traded as of 12:05 p.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

services

sector and

media

industry. Shares are up 9.8% 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 17.5, below the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates News as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

News Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null