(VIANEWS) – Shares of New York Times (NYSE: NYT) jumped by a staggering 27.34% in 21 sessions from $28.64 to $36.47 at 16:22 EST on Tuesday, following the last session’s downward trend. NYSE is jumping 0.88% to $15,363.15, following the last session’s downward trend.
New York Times’s last close was $35.86, 26.24% under its 52-week high of $48.62.
About New York Times
The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. It offers The New York Times (The Times), a daily and Sunday newspaper in the United States, as well as international edition of The Times; and operates the NYTimes.com Website. The company also transmits articles, graphics, and photographs from The Times and other publications to approximately 1,500 newspapers, magazines, and websites; licenses electronic databases to resellers in the business, professional, and library markets; and offers magazine licensing, news digests, book development, and rights and permissions. In addition, it engages in the live events business, which hosts physical and virtual live events to connect audiences with journalists and outside thought leaders; direct-sold website, mobile application, podcast, email, and video advertisements, as well as digital advertising services; operates Wirecutter, a product review and recommendation products; develops mobile applications, including games and cooking products; prints and distributes products for third parties; and offers other products and services. The company was founded in 1851 and is headquartered in New York, New York.
Earnings per Share
New York Times’ trailing twelve-month EPS is $0.6.
New York Times’ trailing 12-month price-earnings ratio is 60.77. The purchaser of the shares is therefore investing $60.77 per dollar in annual earnings.
For the 12 trailing months, the company’s return-on-equity, which is a measure of the profitability and shareholder equity for a business, was 12.91%.
According to Morningstar, Inc., the next dividend payment is on Oct 5, 2022, the estimated forward annual dividend rate is 0.36 and the estimated forward annual dividend yield is 1.23%.
Classification of Stock Prices
The stochastic oscillator is a helpful indicator for overbought or oversold situations.
Stock of New York Times is oversold (=20).
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