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The closing price of Gannett Co Inc (NYSE: GCI) was $5.15 for the day, down -3.92% from the previous closing price of $5.36. In other words, the price has decreased by -$3.92 from its previous closing price. On the day, 0.97 million shares were traded. GCI stock price reached its highest trading level at $5.42 during the session, while it also had its lowest trading level at $5.1311.
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 7.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.91. 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.
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 759166720 and an Enterprise Value of 1821969152. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 3.16. Its current Enterprise Value per Revenue stands at 0.712 whereas that against EBITDA is 7.418.
Stock Price History:
The Beta on a monthly basis for GCI is 2.54, which has changed by 1.3508773 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. 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 -1.71%, while the 200-Day Moving Average is calculated to be 15.61%.
Shares Statistics:
GCI traded an average of 1.16M shares per day over the past three months and 944340 shares per day over the past ten days. A total of 147.43M shares are outstanding, with a floating share count of 120.34M. Insiders hold about 18.36% of the company’s shares, while institutions hold 70.37% stake in the company. Shares short for GCI as of 1734048000 were 12270957 with a Short Ratio of 10.61, compared to 1731628800 on 12160270. Therefore, it implies a Short% of Shares Outstanding of 12270957 and a Short% of Float of 8.74.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 18.87.
