Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Gannett Co Inc (NYSE: GCI) closed at $5.04 in the last session, down -0.98% from day before closing price of $5.09. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.76 million shares were traded. GCI stock price reached its highest trading level at $5.085 during the session, while it also had its lowest trading level at $4.91.
Ratios:
We take a closer look at GCI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.43. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
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 742951488 and an Enterprise Value of 1813631872. 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 3.09. Its current Enterprise Value per Revenue stands at 0.709 whereas that against EBITDA is 7.384.
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 -4.95%, while the 200-Day Moving Average is calculated to be 16.32%.
Shares Statistics:
According to the various share statistics, GCI traded on average about 1.22M shares per day over the past 3-months and 1420650 shares per day over the past 10 days. A total of 147.43M shares are outstanding, with a floating share count of 120.35M. Insiders hold about 18.36% of the company’s shares, while institutions hold 70.10% stake in the company. Shares short for GCI as of 1732838400 were 12088252 with a Short Ratio of 9.89, compared to 1730332800 on 15169070. Therefore, it implies a Short% of Shares Outstanding of 12088252 and a Short% of Float of 8.61.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 18.87.
