New York Times Co Class A (NYSE:NYT)
March 14th, 2019
New York Times Co Class A fell ($0.31) Thursday, down 0.91%, closing at $34.18. Despite the drop in price it hit a new 52 week high of $34.68. In addition to the stock finishing lower, the trading volumes were only 42.00% of normal which could be an indication of investor uncertainty.
NYT was outperformed by the rest of the Communication Services sector which went down just -0.40%.
Results from 5 analysts indicates that New York Times Co Class A could decline somewhat (-10.98%), while Finbox has calculated (with low uncertainty) a fair value price of $24.57.
The market sectors were mixed Thursday with a majority of the sectors trending down. Financials saw the biggest increase of the day (0.41%), while Materials saw the biggest drop (-0.79%). Information Technology has seen the biggest year-to-date gain at 16.11%.
Materials and Communication Services both saw turn arounds from their five day positive performance, Materials with a drop of -0.79%.
- Financials went up with a 0.41% change.
- Information Technology went up with a 0.20% change.
- Energy went up with a 0.06% change.
- Real Estate went up with a 0.04% change.
- Utilities went down with a -0.14% change.
- Healthcare went down with a -0.25% change.
- Consumer Staples went down with a -0.28% change.
- Consumer Discretionary went down with a -0.31% change.
- Industrials went down with a -0.35% change.
- Communication Services went down with a -0.40% change.
- Materials went down with a -0.79% change.
New York Times Co Class A Info
The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. The company provides 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. It also transmits articles, graphics, and photographs from The Times and other publications to approximately 1,800 newspapers, magazines, and Websites; and offers magazine licensing, news digests, book development, and rights and permissions. In addition, the company engages in the NYT Live business, a platform for its live journalism; and digital archive distribution, which licenses electronic databases to resellers in the business, professional, and library markets. Further, it develops mobile applications, including Crossword and Cooking products; and operates Wirecutter, a product review and recommendation Website that serves as a guide to technology gear, home products, and other consumer goods, as well as offers digital marketing agency and other products and services. The New York Times Company was founded in 1896 and is headquartered in New York, New York.
All amounts in USD unless otherwise indicated
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