News (NASDAQ:NWS) Receiving Extremely Negative Media Coverage, Study Finds

News articles about News (NASDAQ:NWS) have trended extremely negative on Sunday, according to InfoTrie. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. News earned a daily sentiment score of -4.37 on their scale. InfoTrie also gave headlines about the company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock’s share price in the near term.

Here are some of the media stories that may have impacted News’ analysis:

Separately, BidaskClub upgraded shares of News from a “sell” rating to a “hold” rating in a report on Wednesday, April 29th.

Shares of NWS stock opened at $12.76 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.39. The stock has a market capitalization of $7.51 billion, a P/E ratio of -8.08 and a beta of 1.49. The company has a 50 day moving average price of $12.17 and a 200 day moving average price of $11.84. News has a fifty-two week low of $7.88 and a fifty-two week high of $15.36.

News (NASDAQ:NWS) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. The firm had revenue of $2.27 billion during the quarter. News had a negative net margin of 9.66% and a positive return on equity of 1.96%.

In related news, General Counsel David B. Pitofsky sold 11,433 shares of News stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $13.26, for a total value of $151,601.58. Following the completion of the transaction, the general counsel now owns 22,866 shares in the company, valued at $303,203.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 39.40% of the company’s stock.

News Company Profile

News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. It operates in five segments: News and Information Services, Book Publishing, Digital Real Estate Services, Subscription Video Services, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, and DJX through various media channels, such as newspapers, newswires, Websites, mobile device applications, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, video, and podcasts.

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