In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Gannett Co Inc’s stock clocked out at $3.46, down -0.29% from its previous closing price of $3.47. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 1.48 million shares were traded.
Ratios:
To gain a deeper understanding of GCI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.04. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 3.33.
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 $2.35. The 50-Day Moving Average of the stock is -0.51%, while the 200-Day Moving Average is calculated to be -25.69%.
Shares Statistics:
A total of 147.39M shares are outstanding, with a floating share count of 120.55M. Insiders hold about 18.20% of the company’s shares, while institutions hold 74.35% stake in the company.
