New Media Investment Group Inc (NEWM) is Trading Lower on Unusual Volume for December 21

Equities Staff  |

New Media Investment Group Inc (NEWM) experienced unusually high volume on Dec. 21, as the stock lost 3.81% to a closing price of $19.17. The stock saw 580,167 shares trade hands over the course of the day on 3,260 trades. Given that the stock’s average daily volume over the last month has been 261,961 shares a day, this represents a pretty substantial spike over the norm.

New Media Investment Group Inc has a P/B ratio of 1.42. It also has a P/E ratio of 30. The stock has traded between $25.77 and $13.96 over the last 52-weeks, its 50-day SMA is now $17.61, and its 200-day SMA $18.26.

New Media Investment Group Inc is a print and online media company which owns, operates and invests in high quality local media assets. Its products include 452 community print publications, 379 websites, 360 mobile sites and six yellow page directories.

Headquartered in New York, NY, New Media Investment Group Inc has 6,133 employees and is currently under the leadership of CEO Kirk Davis / Michael E. Reed.

For a complete fundamental analysis analysis of New Media Investment Group Inc, check out’s Stock Valuation Analysis report for NEWM. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



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