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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.6 million shares were traded. GCI stock price reached its highest trading level at $2.605 during the session, while it also had its lowest trading level at $2.54.
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 3.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.74. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 4.07 whereas as Long-Term Debt/Eq ratio is at 3.73.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Compass Point on December 12, 2023, initiated with a Buy rating and assigned the stock a target price of $5.
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 Nov 16 ’23 when Tarica Laurence bought 200,000 shares for $1.85 per share. The transaction valued at 370,000 led to the insider holds 1,008,799 shares of the business.
Reed Michael bought 60,000 shares of GCI for $120,600 on Nov 06 ’23. The Chief Executive Officer now owns 3,304,323 shares after completing the transaction at $2.01 per share. On Aug 14 ’23, another insider, Reed Michael, who serves as the Chief Executive Officer of the company, bought 80,000 shares for $3.29 each. As a result, the insider paid 263,200 and bolstered with 3,244,323 shares of the company.
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 383940096 and an Enterprise Value of 1555730560. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 0.584 whereas that against EBITDA is 6.376.
Stock Price History:
Over the past 52 weeks, GCI has reached a high of $3.60, while it has fallen to a 52-week low of $1.62. The 50-Day Moving Average of the stock is 14.36%, while the 200-Day Moving Average is calculated to be 6.50%.
Shares Statistics:
For the past three months, GCI has traded an average of 734.68K shares per day and 1120660 over the past ten days. A total of 148.94M shares are outstanding, with a floating share count of 122.44M. Insiders hold about 17.02% of the company’s shares, while institutions hold 61.88% stake in the company. Shares short for GCI as of 1713139200 were 16422877 with a Short Ratio of 22.35, compared to 1710460800 on 16122484. Therefore, it implies a Short% of Shares Outstanding of 16422877 and a Short% of Float of 13.780000000000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 18.87.
