New Media Investment Group Inc. (symbol: NEWM) was one of the worst losers
of the trading day today (2016-04-05), losing -8.5%. The number of shares
that changed hands was 704,880, or about 3 times the average daily volume
in the stock.
The closing price was $14.85, amounting to a market cap of $660,310,000,
about -38.94% off the highest price in the last 12 months. The stock has
been trading at a range between $13.96 and $24.32.
NEWM is in the Newspapers/Magazines industry, part of the Consumer Services
sector. It first went public in 2014.
Looking at its valuation, the stock is now trading at 9.77 times earnings.

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