New York Times Company (The) rose 1.1% during the afternoon session to $35.76 per share. As reported by Barrons: "For a business magnate of Elon Musk's standing and success, it might seem odd that he uses the word bankruptcy so frequently. Musk on Thursday said he sold billions in Tesla ( ticker: TSLA ) stock over the past few days to help stave off bankruptcy at Twitter, according to a report from the New ..." You can read more about it here. For those of you thinking about investing in the stock, here is a brief look at the company's fundamentals.
The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. The company belongs to the Communication Services sector, which has an average price to earnings (P/E) ratio of 18.65 and an average price to book (P/B) ratio of 2.62. In contrast, New York Times Company (The) has a trailing 12 month P/E ratio of 34.4 and a P/B ratio of 3.9.
New York Times Company (The) has moved -26.2% over the last year compared to -15.5% for the S&P 500 -- a difference of -10.6%. New York Times Company (The) has a 52 week high of $48.62 and a 52 week low of $27.59. If you are interested in keeping up to date with equity markets, subscribe to our free newsletter today!
