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The closing price of Gannett Co Inc (NYSE: GCI) was $2.73 for the day, down -7.14% from the previous closing price of $2.94. In other words, the price has decreased by -$7.14 from its previous closing price. On the day, 1.16 million shares were traded. GCI stock price reached its highest trading level at $2.86 during the session, while it also had its lowest trading level at $2.655.
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 3.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.92. 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:
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 433264640 and an Enterprise Value of 1587209856. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 0.633 whereas that against EBITDA is 6.621.
Stock Price History:
The Beta on a monthly basis for GCI is 2.66, which has changed by 0.14705884 over the last 52 weeks, in comparison to a change of 0.028231144 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 $2.26. The 50-Day Moving Average of the stock is -26.38%, while the 200-Day Moving Average is calculated to be -42.10%.
Shares Statistics:
GCI traded an average of 1.40M shares per day over the past three months and 2200890 shares per day over the past ten days. 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 72.87% stake in the company. Shares short for GCI as of 1741910400 were 11749777 with a Short Ratio of 8.81, compared to 1739491200 on 12721316. Therefore, it implies a Short% of Shares Outstanding of 11749777 and a Short% of Float of 8.37.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 18.87.
