The stock of Gannett Co Inc (GCI) has seen a -6.45% decrease in the past week, with a -2.44% drop in the past month, and a -8.24% decrease in the past quarter. The volatility ratio for the week is 4.77%, and the volatility levels for the past 30 days are at 4.58% for GCI. The simple moving average for the last 20 days is -4.55% for GCI’s stock, with a simple moving average of 4.12% for the last 200 days.
Is It Worth Investing in Gannett Co Inc (NYSE: GCI) Right Now?
GCI has 36-month beta value of 2.52. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 1 as “sell.”
The public float for GCI is 120.34M, and currently, short sellers hold a 10.55% ratio of that float. The average trading volume of GCI on January 24, 2025 was 1.15M shares.
GCI) stock’s latest price update
Gannett Co Inc (NYSE: GCI)’s stock price has soared by 0.63 in relation to previous closing price of 4.76. Nevertheless, the company has seen a loss of -6.45% in its stock price over the last five trading days. businesswire.com reported 2025-01-10 that NEW YORK, NY–(BUSINESS WIRE)–Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that it will present virtually at the 27th Annual Needham Growth Conference on Friday, January 17, 2025 at 9:30 am ET. Presenters will include its Chairman and Chief Executive Officer, Michael Reed, and its Chief Financial Officer, Doug Horne. The video webcast of the conference will be accessible through the Investor Relations section of our website under the News and Events.
Analysts’ Opinion of GCI
Many brokerage firms have already submitted their reports for GCI stocks, with Citigroup repeating the rating for GCI by listing it as a “Neutral.” The predicted price for GCI in the upcoming period, according to Citigroup is $5.10 based on the research report published on September 17, 2024 of the previous year 2024.
JMP Securities gave a rating of “Mkt Outperform” to GCI, setting the target price at $6 in the report published on July 01st of the previous year.
GCI Trading at -7.21% from the 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, the company was unable to rebound, for now settling with -19.22% of loss for the given period.
Volatility was left at 4.58%, however, over the last 30 days, the volatility rate increased by 4.77%, as shares sank -5.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.27% lower at present.
During the last 5 trading sessions, GCI fell by -6.45%, which changed the moving average for the period of 200-days by +104.70% in comparison to the 20-day moving average, which settled at $5.02. In addition, Gannett Co Inc saw -5.34% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GCI starting from Tarica Laurence, who purchase 50,000 shares at the price of $4.50 back on Sep 13 ’24. After this action, Tarica Laurence now owns 1,089,663 shares of Gannett Co Inc, valued at $225,000 using the latest closing price.
Stock Fundamentals for GCI
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.33 for the gross margin
The net margin for Gannett Co Inc stands at -0.04. The total capital return value is set at 0.04. Equity return is now at value -40.06, with -5.27 for asset returns.
Based on Gannett Co Inc (GCI), the company’s capital structure generated 0.83 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 5.03. The interest coverage ratio of the stock is 0.57.
Currently, EBITDA for the company is 261.53 million with net debt to EBITDA at 6.79. When we switch over and look at the enterprise to sales, we see a ratio of 0.71. The receivables turnover for the company is 10.48for trailing twelve months and the total asset turnover is 1.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.79.
Conclusion
To put it simply, Gannett Co Inc (GCI) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
