New York Times Company (The) (NYT) : Traders are bullish on New York Times Company (The) (NYT) as it has outperformed the S&P 500 by a wide margin of 0.85% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.14%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.11% in the last 1 week, and is up 1.24% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The New York Times Company is up 8.29% in the last 3-month period. Year-to-Date the stock performance stands at -1.82%. The stock has recorded a 20-day Moving Average of 1.64% and the 50-Day Moving Average is 5.13%.
New York Times Company (The) (NYSE:NYT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.90 and $12.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.08. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.05, notching a gain of 0.85% for the day. The total traded volume was 1,307,366 . The stock had closed at $12.94 on the previous day.
The New York Times Company is a media organization focused on creating, collecting and distributing news and information. The Company includes newspapers, digital businesses and investments in paper mills. The Companys businesses include The New York Times (The Times); the International New York Times (INYT), the international edition of The Times; its Websites, NYTimes.com and international.nytimes.com, and related businesses, such as The Times news services division, digital archive distribution, conferences business and other products and services. The Times is a daily (Monday to Saturday) and Sunday newspaper, and INYT is a daily newspaper. The Companys content reaches its audience through its print products, online and through other digital media, including smartphone, tablet and e-reader applications. The Company generates revenues principally from circulation and advertising.