News (NWS) Getting Somewhat Favorable Media Coverage, Analysis Finds

Media coverage about News (NASDAQ:NWS) has been trending somewhat positive this week, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. News earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the company an impact score of 43.2522233751401 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the headlines that may have impacted Accern’s rankings:

Shares of News (NASDAQ NWS) traded down $0.05 during mid-day trading on Wednesday, reaching $16.50. The company’s stock had a trading volume of 839,886 shares, compared to its average volume of 516,042. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.03. News has a 12-month low of $11.75 and a 12-month high of $17.05. The company has a market capitalization of $9,846.29, a P/E ratio of 38.41 and a beta of 1.95.

Several brokerages have issued reports on NWS. BidaskClub raised News from a “hold” rating to a “buy” rating in a research note on Wednesday, December 6th. TheStreet raised News from a “c+” rating to a “b-” rating in a research note on Wednesday, November 29th.

In other News news, CFO Kevin Halpin sold 2,468 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $16.66, for a total value of $41,116.88. Following the completion of the sale, the chief financial officer now owns 10,000 shares in the company, valued at $166,600. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 24,855 shares of company stock valued at $385,752 in the last quarter. Corporate insiders own 39.40% of the company’s stock.

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News Company Profile

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)

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