Somewhat Positive Press Coverage Somewhat Unlikely to Affect News (NWS) Share Price

Headlines about News (NASDAQ:NWS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. 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 0.12 on Accern’s scale. Accern also assigned headlines about the company an impact score of 44.5428324972757 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

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

NWS has been the subject of several analyst reports. TheStreet raised shares of News from a “c+” rating to a “b-” rating in a research note on Wednesday, November 29th. BidaskClub raised shares of News from a “hold” rating to a “buy” rating in a research note on Wednesday, December 6th.

News (NASDAQ:NWS) remained flat at $$16.65 during mid-day trading on Friday. 296,500 shares of the company’s stock traded hands, compared to its average volume of 517,136. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.56 and a current ratio of 1.56. News has a twelve month low of $11.75 and a twelve month high of $17.05. The firm has a market cap of $9,700.64, a price-to-earnings ratio of -14.73 and a beta of 1.95.

In related news, CFO Kevin Halpin sold 7,387 shares of News stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $15.62, for a total value of $115,384.94. Following the transaction, the chief financial officer now owns 17,468 shares in the company, valued at approximately $272,850.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders sold 24,855 shares of company stock valued at $385,752. 39.40% of the stock is owned by company insiders.

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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)

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