Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Gannett Co. Inc.’s current trading price is -18.61% away from its 52-week high, while its distance from the 52-week low is 134.40%. The stock’s price range over this period has fluctuated between $1.25 and $3.60. The company, operating within the financial sector, had a trading volume of approximately 0.91 million for the day, which was noticeably lower than the average daily share volume of 1.83 million over the last 3 months.
The stock of Gannett Co. Inc. (GCI) is currently priced at $2.93. In the last session, the stock climbed significantly, topping out at $2.96 after opening at $2.74. The day’s lowest price was $2.72 before the stock closed at $2.73.
Gannett Co. Inc. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $3.60 on 08/11/23, while the lowest price for the same period was registered at $1.25 on 10/21/22.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Gannett Co. Inc. (GCI) has experienced a quarterly rise of 53.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 444.77M and boasts a workforce of 14200 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.45, with a change in price of +1.13. Similarly, Gannett Co. Inc. recorded 1,695,800 in trading volume during the last 100 days, posting a change of +62.78%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GCI stands at 3.42. Similarly, the long-term debt-to-equity ratio is also 3.23.
GCI Stock Stochastic Average
Today, Gannett Co. Inc.’s raw stochastic average for the past 50 days stands at 56.77%, indicating a rise from the raw stochastic average of the last 20 days, which was 37.76%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 19.24% and 13.73% respectively.
GCI Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 44.33% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 40.19%. Over the past 30 days, the price of GCI has leaped by -13.31%. And in the last five days, it has surged by 5.78%.