NEW YORK (

TheStreet

) --

News

(Nasdaq:

NWS

) hit a new 52-week high Friday as it is currently trading at $23.12, above its previous 52-week high of $23.09 with 58,922 shares traded as of 9:35 a.m. ET. Average volume has been 3.5 million shares over the past 30 days.

News has a market cap of $17.78 billion and is part of the

services

sector and

media

industry. Shares are up 25.5% year to date as of the close of trading on Thursday.

News Corporation operates as a diversified media company worldwide. The company has a P/E ratio of 19.9, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates News as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

News Ratings Report

.

See all

52-week high stocks

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