Gannett Co Inc. (NYSE: GCI) kicked off on Friday, up 4.00% from the previous trading day, before settling in for the closing price of $2.50. Over the past 52 weeks, GCI has traded in a range of $1.62-$3.60.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Communication Services sector company grew by 16.23% over the past five years. While this was happening, its average annual earnings per share was recorded -24.21%. With a float of $123.49 million, this company’s outstanding shares have now reached $148.94 million.
Let’s look at the performance matrix of the company that is accounted for 12800 employees.
Gannett Co Inc. (GCI) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Publishing Industry. The insider ownership of Gannett Co Inc. is 17.02%, while institutional ownership is 61.34%. The most recent insider transaction that took place on Nov 16 ’23, was worth 370,000. In this transaction Director of this company bought 200,000 shares at a rate of $1.85, taking the stock ownership to the 1,008,799 shares. Before that another transaction happened on Nov 06 ’23, when Company’s Chief Executive Officer bought 60,000 for $2.01, making the entire transaction worth $120,600. This insider now owns 3,304,323 shares in total.
Gannett Co Inc. (GCI) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 17.65 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.21% per share during the next fiscal year.
Gannett Co Inc. (NYSE: GCI) Trading Performance Indicators
Take a look at Gannett Co Inc.’s (GCI) current performance indicators. Last quarter, stock had a quick ratio of 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15. Likewise, its price to free cash flow for the trailing twelve months is 6.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.19, a number that is poised to hit -0.36 in the next quarter and is forecasted to reach 0.24 in one year’s time.
Technical Analysis of Gannett Co Inc. (GCI)
Gannett Co Inc. (NYSE: GCI) saw its 5-day average volume 1.27 million, a positive change from its year-to-date volume of 0.69 million. As of the previous 9 days, the stock’s Stochastic %D was 76.33%. Additionally, its Average True Range was 0.13.
During the past 100 days, Gannett Co Inc.’s (GCI) raw stochastic average was set at 96.25%, which indicates a significant increase from 92.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.22% in the past 14 days, which was lower than the 56.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.22, while its 200-day Moving Average is $2.42. Nevertheless, the first resistance level for the watch stands at $2.68 in the near term. At $2.76, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.89. If the price goes on to break the first support level at $2.47, it is likely to go to the next support level at $2.34. Assuming the price breaks the second support level, the third support level stands at $2.26.
Gannett Co Inc. (NYSE: GCI) Key Stats
The company with the Market Capitalisation of 386.91 million has total of 148,814K Shares Outstanding. Its annual sales at the moment are 2,664 M in contrast with the sum of -27,790 K annual income. Company’s last quarter sales were recorded 669,410 K and last quarter income was -22,890 K.
