Zacks Investment Research downgraded News Corp (NASDAQ:NWSA) to Sell in a report released today.
- Updated: September 26, 2016
Yesterday News Corp (NASDAQ:NWSA) traded -1.39% lower at $13.84. The company’s 50-day moving average is $13.71 and its 200-day moving average is $12.52. The last closing price is up 10.71% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,350,182 shares of the stock were exchanged, down from an average trading volume of 3,004,410
Zacks Investment Research has downgraded News Corp (NASDAQ:NWSA) to Sell in a report released on 9/26/2016.
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News Corp has a 52 week low of $10.21 and a 52 week high of $15.68 with a P/E ratio of 45.43 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 8 brokers have issued a report on the stock. The consensus target price is $15.26 with 2 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 6 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About News Corp (NASDAQ:NWSA)
News Corporation is a global diversified media and information services company focused on creating and distributing content to consumers and businesses throughout the world. The Company's operations are organized into five segments: News and Information Services; Book Publishing; Digital Real Estate Services; Cable Network Programming, and Other. The Company's News and Information Services segment consists primarily of Dow Jones, News Corp Australia (which includes News Limited and its subsidiaries), News UK, the New York Post and News America Marketing. Its Book Publishing segment consists of HarperCollins Publishers (together with its subsidiaries and affiliates, HarperCollins), which is a consumer book publisher. Its Digital Real Estate Services segment consists of its interest in REA Group Limited (REA Group), and its interest in Move, Inc. (Move). The Company's Cable Network Programming segment consists of FOX SPORTS Australia, a sports programming provider in Australia.
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