News Corporation is a News Corp is a media conglomerate with large presence in the U.S, the U.K., and Australia. Key brands include The Wall Street Journal, Herald Sun, and The Times.
Among the biggest risers on the S&P 500 on Wednesday March 10 was News Corporation ($NWSA), popping some 2.52% to a price of $24.85 a share with some 7.22 million shares trading hands.
Starting the day trading at $24.40, News Corporation reached an intraday high of $25.58 and hit intraday lows of $24.28. Shares gained $0.61 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 590.72 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $7.91 to $25.58.
News Corp is a media conglomerate with large presence in the U.S, the U.K., and Australia. Key brands include The Wall Street Journal, Herald Sun, and The Times. The company also has a strong presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65%-owned), while its 62%-owned REA Group is the dominant real estate classified business in Australia.
News Corporation has its corporate headquarters located in New York, NY and employs 23,500 people. Its market cap has now risen to $14.68 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 1.81, and P/FCF n/a.