On Monday, Gannett Co Inc. (NYSE: GCI) opened higher 3.58% from the last session, before settling in for the closing price of $5.59. Price fluctuations for GCI have ranged from $1.66 to $5.93 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 16.23%. Company’s average yearly earnings per share was noted -70.27% at the time writing. With a float of $119.50 million, this company’s outstanding shares have now reached $148.94 million.
Considering the fact that the conglomerate employs 12800 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 32.01%, operating margin of 3.89%, and the pretax margin is -2.91%.
Gannett Co Inc. (GCI) Insider Activity
A key investor’s attitude towards the stock of the Publishing industry is another important factor to consider. The insider ownership of Gannett Co Inc. is 19.04%, while institutional ownership is 65.09%. The most recent insider transaction that took place on Sep 13 ’24, was worth 225,000. In this transaction Director of this company bought 50,000 shares at a rate of $4.50, taking the stock ownership to the 1,089,663 shares. Before that another transaction happened on Nov 16 ’23, when Company’s Director bought 200,000 for $1.85, making the entire transaction worth $370,000. This insider now owns 1,008,799 shares in total.
Gannett Co Inc. (GCI) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -70.27% per share during the next fiscal year.
Gannett Co Inc. (NYSE: GCI) Trading Performance Indicators
Check out the current performance indicators for Gannett Co Inc. (GCI). In the past quarter, the stock posted a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33. Likewise, its price to free cash flow for the trailing twelve months is 15.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.72, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of Gannett Co Inc. (GCI)
Compared to the last year’s volume of 1.21 million, its volume of 0.89 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 69.44%. Additionally, its Average True Range was 0.26.
During the past 100 days, Gannett Co Inc.’s (GCI) raw stochastic average was set at 93.33%, which indicates a significant increase from 87.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.05% in the past 14 days, which was lower than the 63.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.27, while its 200-day Moving Average is $3.75. Nevertheless, the first resistance level for the watch stands at $5.89 in the near term. At $5.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.11. If the price goes on to break the first support level at $5.66, it is likely to go to the next support level at $5.53. Should the price break the second support level, the third support level stands at $5.44.
Gannett Co Inc. (NYSE: GCI) Key Stats
There are currently 147,548K shares outstanding in the company with a market cap of 854.60 million. Presently, the company’s annual sales total 2,664 M according to its annual income of -27,790 K. Last quarter, the company’s sales amounted to 639,840 K and its income totaled 13,750 K.
