Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Gannett Co Inc (NYSE: GCI) closed at $3.21 down -7.49% from its previous closing price of $3.47. In other words, the price has decreased by -$7.49 from its previous closing price. On the day, 1.91 million shares were traded.
Ratios:
For a deeper understanding of Gannett Co Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.32. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 0.19 while its Price-to-Book (P/B) ratio in mrq is 3.09.
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 $1.97. The 50-Day Moving Average of the stock is -30.15%, while the 200-Day Moving Average is calculated to be -33.59%.
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.
