Unusual Social Activity Around Twenty-First Century Fox (FOXA) Today

Trade-Ideas LLC identified Twenty-First Century Fox (FOXA) as an unusual social activity candidate

Author:: TheStreet Wire
Publish date:: May 5, 2016 11:43 AM EDT

Trade-Ideas LLC identified Twenty-First Century Fox ( FOXA) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Twenty-First Century Fox as such a stock due to the following factors:

FOXA has 11x the normal benchmarked social activity for this time of the day compared to its average of 3.42 mentions/day.

FOXA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $269.6 million.

Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.

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More details on FOXA: Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The stock currently has a dividend yield of 1.1%. FOXA has a PE ratio of 7. The average volume for Twenty-First Century Fox has been 16.9 million shares per day over the past 30 days. Twenty-First Century Fox has a market cap of $34.1 billion and is part of the services sector and media industry. The stock has a beta of 1.55 and a short float of 2.2% with 2.86 days to cover. Shares are down 28.7% year-to-date as of the close of trading on Monday.

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