Somewhat Favorable Press Coverage Somewhat Unlikely to Impact News (NWS) Stock Price

News stories about News (NASDAQ:NWS) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. News earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.2170037405886 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

Several brokerages have weighed in on NWS. TheStreet upgraded News from a “c+” rating to a “b-” rating in a report on Wednesday, November 29th. BidaskClub upgraded News from a “sell” rating to a “hold” rating in a report on Saturday, November 11th.

Shares of News (NASDAQ:NWS) traded up $0.25 during midday trading on Friday, hitting $16.75. The company had a trading volume of 165,662 shares, compared to its average volume of 471,294. The firm has a market cap of $9,411.22, a PE ratio of -20.97 and a beta of 1.90. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.02. News has a 1 year low of $12.50 and a 1 year high of $17.70.

The business also recently disclosed a semiannual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be paid a dividend of $0.10 per share. This represents a yield of 1.25%. The ex-dividend date is Tuesday, March 13th. News’s dividend payout ratio is presently -25.97%.

In other news, CFO Kevin Halpin sold 5,000 shares of the stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $16.10, for a total transaction of $80,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 39.40% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact News (NWS) Stock Price” was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this article can be accessed at https://stocknewstimes.com/2018/02/24/news-nws-earns-coverage-optimism-rating-of-0-11.html.

About News

News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.

Insider Buying and Selling by Quarter for News (NASDAQ:NWS)

Receive News & Ratings for News Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for News and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply