Gannett Co., Inc. (NYSE:GCI) went down by -0.84% from its latest closing price when compared to the 1-year high value of $11.35 and move down -861.86%, while GCI stocks collected -11.28% of loss with the last five trading sessions. Press Release reported on 06/22/20 that Rugged Races Strikes Partnership with Warner Bros.; Launches Official DC Wonder Woman Virtual Run
Gannett Co., Inc. (NYSE:GCI) Worth an Investment?
Gannett Co., Inc. (NYSE: GCI) The 36 Months beta value for GCI stocks is at 1.48, while 0 of the analysts out of 3 who provided ratings for Gannett Co., Inc. stocks as a “buy” while 0 as overweight, 1 rated it as hold and 2 as sell. The average price we get from analysts is $0.50 which is -$1.18 below current price. GCI currently has a short float of 16.30% and public float of 123.59M with average trading volume of 5.39M shares.
GCI Market Performance
GCI stocks went down by -11.28% for the week, with the monthly drop of -56.30% and a quarterly performance of 59.09%, while its annual performance rate touched -87.24%. The simple moving average for the period of the last 20 days is -29.09% for GCI stocks with the simple moving average of -74.34% for the last 200 days.
Analysts’ Opinion on Gannett Co., Inc. (NYSE:GCI)
Many brokerage firms have already submitted their reports for GCI stocks, with Citigroup repeating the rating for GCI shares by setting it to “Sell”. The predicted price for GCI socks in the upcoming period according to Citigroup is $69 based on the research report published on April 6, 2020.
JP Morgan, on the other hand, stated in their research note that they expect to see GCI stock at the price of $69. The rating they have provided for GCI stocks is “Underweight” according to the report published on July 6, 2018.
Argus gave “ Hold” rating to GCI stocks, setting the target price at $69 in the report published on February 13, 2017.
GCI Stocks -20.04% Far from 50 Day Moving Average
After a stumble in the market that brought GCI to its low price for the period of the last 52 weeks, Gannett Co., Inc. was unable to take a rebound, for now settling with -89.60% of loss for the given period.
The stock volatility was left at 14.18%, however, within the period of a single month, the volatility rate increased by 14.59%, while the shares sank at the distance of -54.79% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +37.13% upper at the present time.
In the course of the last 5 trading sessions, GCI went down by -11.28%, which changed the moving average for the period of 200 days to the total of -87.82% of losses for the stock in comparison to the 20-day moving average settled at $1.5925. In addition, Gannett Co., Inc. saw -81.50% in overturn over the period of a single year with a tendency to cut further losses.
GCI Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Gannett Co., Inc. (GCI), starting from Tarica Laurence, who bought 120,000 shares at the price of $0.98 back on May 15. After this action, Rushing now owns 379,203 shares of Gannett Co., Inc., valued at $117,600 with the latest closing price.
Gupta Mayur, the Director of Gannett Co., Inc., bought 3,700 shares at the value of $0.96 during a trade that took place back on May 15, which means that Gupta Mayur is holding 6,200 shares at the value of $3,552 based on the most recent closing price.
GCI Stock Fundamentals
The current profitability levels are settled at +3.72 for the present operating margin and +36.21 for gross margin. The net margin for Gannett Co., Inc. stands at -6.42. Total capital return value is set at 3.37, while invested capital returns managed to touch -5.90. Equity return holds the value -24.10%, with -7.00% for asset returns.
Based on Gannett Co., Inc. (GCI), the company’s capital structure generated 201.82 points for debt to equity in total, while total debt to capital is set at the value of 66.87. Total debt to assets is settled at the value of 49.27 with long-term debt to equity ratio rests at 1.09 and long-term debt to capital is 197.41.
The value for Enterprise to Sales is 1.20 with debt to enterprise value settled at 0.88. The receivables turnover for Gannett Co., Inc. is 6.10 with the total asset turnover at the value of 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.