Daily Market Movement: Gannett Co Inc (GCI) Sees a -4.94 Decrease, Closing at 5.20

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The closing price of Gannett Co Inc (NYSE: GCI) was $5.20 for the day, down -4.94% from the previous closing price of $5.47. In other words, the price has decreased by -$4.94 from its previous closing price. On the day, 1.07 million shares were traded. GCI stock price reached its highest trading level at $5.56 during the session, while it also had its lowest trading level at $5.2.

Ratios:

Our analysis of GCI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.38. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 5.03 whereas as Long-Term Debt/Eq ratio is at 4.61.

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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.

Tarica Laurence bought 200,000 shares of GCI for $370,000 on Nov 16 ’23. The Director now owns 1,008,799 shares after completing the transaction at $1.85 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GCI now has a Market Capitalization of 766537216 and an Enterprise Value of 1828916992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 3.19. Its current Enterprise Value per Revenue stands at 0.715 whereas that against EBITDA is 7.447.

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 $1.80. The 50-Day Moving Average of the stock is -1.83%, while the 200-Day Moving Average is calculated to be 32.49%.

Shares Statistics:

GCI traded an average of 1.71M shares per day over the past three months and 2149440 shares per day over the past ten days. A total of 148.94M shares are outstanding, with a floating share count of 119.35M. Insiders hold about 19.04% of the company’s shares, while institutions hold 65.57% stake in the company. Shares short for GCI as of 1730332800 were 15169070 with a Short Ratio of 8.89, compared to 1727654400 on 14425145. Therefore, it implies a Short% of Shares Outstanding of 15169070 and a Short% of Float of 10.8.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 18.87.

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