Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Gannett Co Inc’s current trading price is -46.04% away from its 52-week high, while its distance from the 52-week low is 36.17%. The stock’s price range during this period has varied between $2.35 and $5.93. The company, active in the Communication Services sector, saw a trading volume of around 2.22 million for the day, considerably higher average daily volume of 1.62 million observed over the last three months.
Gannett Co Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $5.93 on 09/18/24, and the lowest price during that time was $2.35, recorded on 05/01/24.
How Financial Performance Impacts Market Capitalization
Gannett Co Inc (GCI) has experienced a quarterly decline of -30.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 468.60M and boasts a workforce of 8900 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.16, with a change in price of -2.02. Similarly, Gannett Co Inc recorded 1,410,623 in trading volume during the last 100 days, posting a change of -38.70%.
How GCI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GCI stands at 8.41. Similarly, the long-term debt-to-equity ratio is also 7.66.
GCI Stock Stochastic Average
As of today, the raw stochastic average of Gannett Co Inc over the last 50 days is at 28.51%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 52.42%. Further, the company’s Stochastic %K and %D values for the last 20 days were 63.98% and 69.27%, respectively.
GCI Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -36.76%. However, over the last six months, the performance has been stronger by -42.75%. The price of GCI increased 10.73% over the last 30 days. And in the last five days, it has fallen by -7.51%.
