Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $4.30 in the prior trading day, Gannett Co Inc (NYSE: GCI) closed at $4.05, down -5.81%. In other words, the price has decreased by -$5.81 from its previous closing price. On the day, 2.18 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GCI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.75. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 8.41 whereas as Long-Term Debt/Eq ratio is at 7.66.
On July 01, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $6.JMP Securities initiated its Mkt Outperform rating on July 01, 2024, with a $6 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when Tarica Laurence bought 50,000 shares for $4.50 per share. The transaction valued at 225,000 led to the insider holds 1,089,663 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 3.90.
Stock Price History:
Over the past 52 weeks, GCI has reached a high of $5.93, while it has fallen to a 52-week low of $1.95. The 50-Day Moving Average of the stock is -17.36%, while the 200-Day Moving Average is calculated to be -15.88%.
Shares Statistics:
A total of 147.39M shares are outstanding, with a floating share count of 120.61M. Insiders hold about 18.16% of the company’s shares, while institutions hold 72.91% stake in the company.
