Should You Buy News Corp Class B (NWS) Stock on Friday?

News Corp Class B (NWS) stock is up 2.10% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

News Corp Class B has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NWS!

See Full NWS Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With NWS Stock Today?

News Corp Class B (NWS) stock is trading at $19.41 as of 2:56 PM on Friday, Jun 9, a rise of $0.08, or 0.41% from the previous closing price of $19.33. Volume today is low. So far 420,606 shares have traded compared to average volume of 761,487 shares. The stock has traded between $19.18 and $19.45 so far today. To screen for more stocks like News Corp Class B click here.

More About News Corp Class B

News Corp is a media conglomerate with large presence in the U.S, the U.K., and Australia. Key brands include The Wall Street Journal, Herald Sun, and The Times. The company also has a strong presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65%-owned), while its 62%-owned REA Group is the dominant real estate classified business in Australia. Click Here to get the full Stock Report for News Corp Class B stock.