May 13, 2013 (Fast Lane via COMTEX) -- Below are the three companies in the Publishing industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.The New York Times (NYSE:NYT) is highest with a beta of 1.4. The New York Times Company, a diversified media company, conducts operations in newspapers, magazines, television and radio stations, and electronic information and publishing. The Company's publications include The New York Times, The Boston Globe, and the International Herald Tribune.. New York Times also holds interests in a newsprint mill and a paper mill. Over the past year, The New York Times has traded in a range of $6.07 to $11.07 and is now at $9.75, 61% above that low. The 200-day and 50-day moving averages have moved 0.57% higher and 0.08% higher over the past week, respectively.
Following is Journal Communications (NYSE:JRN) with a beta of 1.4. Finishing up the top three is Media General (NYSE:MEG), with a beta of 1.4. ---------------------------------------------------------------------------------------------
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