Gannett Co Inc (NYSE: GCI) on Friday, plunged -6.93% from the previous trading day, before settling in for the closing price of $4.62. Within the past 52 weeks, GCI’s price has moved between $1.95 and $5.93.
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
Communication Services Sector giant saw their annual sales surged by 10.60% over the last five years. The company achieved an average annual earnings per share of -102.20%. With a float of $120.61 million, this company’s outstanding shares have now reached $147.39 million.
The firm has a total of 8900 workers. Let’s measure their productivity. In terms of profitability, gross margin is 49.53%, operating margin of 1.66%, and the pretax margin is -3.1%.
Gannett Co Inc (GCI) Breakdown of a Key Holders of the stock
Observing investor behavior towards Publishing industry stocks is more important than anything else. The insider ownership of Gannett Co Inc is 18.18%, while institutional ownership is 72.91%. 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.
Gannett Co Inc (GCI) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -102.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.86% during the next five years compared to 36.36% growth over the previous five years of trading.
Gannett Co Inc (NYSE: GCI) Trading Performance Indicators
Gannett Co Inc (GCI) is currently performing well based on its current performance indicators. A quick ratio of 0.74 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25. Likewise, its price to free cash flow for the trailing twelve months is 12.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.25, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.08 in one year’s time.
Technical Analysis of Gannett Co Inc (GCI)
Analysing the last 5-days average volume posted by the [Gannett Co Inc, GCI], we can find that recorded value of 1.53 million was better than the volume posted last year of 1.04 million. As of the previous 9 days, the stock’s Stochastic %D was 30.66%. Additionally, its Average True Range was 0.24.
During the past 100 days, Gannett Co Inc’s (GCI) raw stochastic average was set at 0.62%, which indicates a significant decrease from 1.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.34% in the past 14 days, which was lower than the 58.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.93, while its 200-day Moving Average is $4.81. Now, the first resistance to watch is $4.57. This is followed by the second major resistance level at $4.84. The third major resistance level sits at $4.98. If the price goes on to break the first support level at $4.16, it is likely to go to the next support level at $4.02. Now, if the price goes above the second support level, the third support stands at $3.75.
Gannett Co Inc (NYSE: GCI) Key Stats
Market capitalization of the company is 633.69 million based on 147,411K outstanding shares. Right now, sales total 2,664 M and income totals -27,790 K. The company made 612,440 K in profit during its latest quarter, and -19,650 K in sales during its previous quarter.