NEW YORK (

TheStreet

) --

News Corporation

(Nasdaq:

NWSA

) hit a new 52-week high Tuesday as it is currently trading at $18.24, above its previous 52-week high of $18.13 with one million shares traded as of 9:37 a.m. ET. Average volume has been 14.7 million shares over the past 30 days.

News has a market cap of $32.9 billion and is part of the

services

sector and

media

industry. Shares are up 23.5% 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 16.1, equal to the average media industry P/E ratio and below 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, reasonable valuation levels, expanding profit margins, largely solid financial position with reasonable debt levels by most measures 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

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