Gannett Co Inc (GCI) went down -19.28% yesterday: Is this the Most Sought-After Stock Today?

Gannett Co Inc (NYSE: GCI) started the day on Thursday, with a price decrease of -19.28% at $4.69, before settling in for the price of $5.81 at the close. Taking a more long-term approach, GCI posted a 52-week range of $1.66-$5.93.

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It was noted that the giant of the Communication Services sector posted annual sales growth of 16.23% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -70.27%. This publicly-traded company’s shares outstanding now amounts to $148.94 million, simultaneously with a float of $119.50 million. The organization now has a market capitalization sitting at $692.24 million. At the time of writing, stock’s 50-day Moving Average stood at $5.30, while the 200-day Moving Average is $3.80.

Gannett Co Inc (GCI) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Publishing Industry. Gannett Co Inc’s current insider ownership accounts for 19.04%, in contrast to 65.07% institutional ownership. According to the most recent insider trade that took place on Sep 13 ’24, this organization’s Director bought 50,000 shares at the rate of 4.50, making the entire transaction reach 225,000 in total value, affecting insider ownership by 1,089,663. Preceding that transaction, on Nov 16 ’23, Company’s Director bought 200,000 for 1.85, making the whole transaction’s value amount to 370,000. This particular insider is now the holder of 1,008,799 in total.

Gannett Co Inc (GCI) Earnings and Revenue Records

Gannett Co Inc’s EPS decrease for this current 12-month fiscal period is -70.27% and is forecasted to reach -0.06 in the upcoming year.

Gannett Co Inc (NYSE: GCI) Trading Performance Indicators

Let’s observe the current performance indicators for Gannett Co Inc (GCI). It’s Quick Ratio in the last reported quarter now stands at 0.75. The Stock has managed to achieve an average true range (ATR) of 0.32. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.27. Similarly, its price to free cash flow for trailing twelve months is now 12.59.

In the same vein, GCI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.72, a figure that is expected to reach 0.03 in the next quarter, and analysts are predicting that it will be -0.06 at the market close of one year from today.

Technical Analysis of Gannett Co Inc (GCI)

If we take a close look at the recent performances of Gannett Co Inc (NYSE: GCI), its last 5-days Average volume was 2.32 million that shows progress from its year to date volume of 1.24 million. During the previous 9 days, stock’s Stochastic %D was recorded 54.07% While, its Average True Range was 0.34.

Raw Stochastic average of Gannett Co Inc (GCI) in the period of the previous 100 days is set at 40.95%, which indicates a major rise in contrast to 2.41% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 99.66% that was higher than 71.59% volatility it exhibited in the past 100-days period.