NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $22.98, above its previous 52-week high of $22.94 with 2.1 million shares traded as of 10:25 a.m. ET. Average volume has been 18.8 million shares over the past 30 days.
News has a market cap of $35.84 billion and is part of the
industry. Shares are up 26.6% 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 15.3, 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
. 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 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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