Positive Press Coverage Somewhat Unlikely to Impact Twenty-First Century Fox Inc Class B (FOX) Share Price
Headlines about Twenty-First Century Fox Inc Class B (NASDAQ:FOX) have been trending positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Twenty-First Century Fox Inc Class B earned a news impact score of 0.26 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.6053373651073 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of brokerages have weighed in on FOX. ValuEngine raised Twenty-First Century Fox Inc Class B from a “hold” rating to a “buy” rating in a research report on Wednesday, May 23rd. BidaskClub cut Twenty-First Century Fox Inc Class B from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 25th.
Shares of NASDAQ:FOX opened at $44.83 on Friday. Twenty-First Century Fox Inc Class B has a fifty-two week low of $24.30 and a fifty-two week high of $49.65. The stock has a market capitalization of $83.22 billion, a price-to-earnings ratio of 22.80 and a beta of 1.20. The company has a quick ratio of 1.90, a current ratio of 2.35 and a debt-to-equity ratio of 0.89.
In related news, insider Lachlan K. Murdoch purchased 137,801 shares of Twenty-First Century Fox Inc Class B stock in a transaction on Thursday, August 16th. The stock was bought at an average price of $45.48 per share, with a total value of $6,267,189.48. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 39.40% of the stock is owned by insiders.
About Twenty-First Century Fox Inc Class B
Twenty-First Century Fox, Inc, together with its subsidiaries, operates as a diversified media and entertainment company primarily in the United States, the United Kingdom, Continental Europe, Asia, and Latin America. It operates through Cable Network Programming, Television, and Filmed Entertainment segments.
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