News Corp (NASDAQ:NWS) shares, rose in value on Friday, February 14, with price up by 1.63% to the previous day’s close as strong demand from buyers drove the stock to $34.86.
Actively observing the price movement in the last trading, the stock closed the session at $34.30, falling within a range of $34.27 and $34.93. The value of beta (5-year monthly) was 1.361 whereas the PE ratio was 48.08 over 12-month period. Referring to stock’s 52-week performance, its high was $34.97, and the low was $23.99. On the whole, NWS has fluctuated by 14.33% over the past month.
With the market capitalization of News Corp currently standing at about $17.94 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.20, with its dividend yield at 0.57%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 8.68B, with a low estimate of 1.96B and a high estimate of 2.03B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.01B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NWS’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.48, with the price of NWS currently trading nearly 7.24% and 10.13% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 80.94, while the 7-day volatility ratio is showing 1.67% which for the 30-day chart, stands at 2.12%. Furthermore, News Corp (NWS)’s beta value is 1.39, and its average true range (ATR) is 0.72.
A comparison of News Corp (NWS) with its peers suggests the former has fared considerably weaker in the market. NWS showed an intraday change of 1.63% in last session, and over the past year, it grew by 29.35%%.
Data on historical trading for News Corp (NASDAQ:NWS) indicates that the trading volumes over the past 10 days have averaged 1.28 and over the past 3 months, they’ve averaged 780.17K. According to company’s latest data on outstanding shares, there are 189.50 million shares outstanding.
Nearly 82.02% of News Corp’s shares belong to company insiders and institutional investors own 13.13% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.47 million shares as on 2025-01-31, resulting in a short ratio of 8.06. According to the data, the short interest in News Corp (NWS) stood at 400.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 3.64 million. The stock has risen by 14.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NWS stock heading into the next quarter.
