Gannett Co Inc (GCI) : During the past 4 weeks, traders have been relatively bearish on Gannett Co Inc (GCI), hence the stock is down -6.31% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.59% relative to the S&P 500. The 4-week change in the price of the stock is -6.5% and the stock has fallen -1.24% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.13% and the fifty day Moving Average is 10.05%. Gannett Co., Inc. has dropped 22.78% during the last three month period . Year-to-Date the stock performance stands at -25.23%.
Gannett Co Inc (GCI) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $21 and the lowest price target forecast is $14. The average forecast of all the analysts is $17.5 and the expected standard deviation is $4.95.
Gannett Co Inc (NYSE:GCI): On Fridays trading session , Opening price of the stock was $12.02 with an intraday high of $12.13. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $11.81. However, the stock managed to close at $11.93, a loss of 0.75% for the day. On the previous day, the stock had closed at $12.02. The total traded volume of the day was 1,044,218 shares.
Gannett Co., Inc., formerly Gannett Spinco, Inc., is a media and marketing solutions company. The Company is engaged in providing local content on a range of platforms in the United States. The Company operates through Broadcasting and Digital segments. It also provides digital marketing services and Internet-based human resource solutions. Its digital media products and services include search, social media and Website development, among others. The Company offers its services in a range of geographies, demographics and content areas. The Company provides consumers with the information and entertainment, and connects consumers to their communities through various platforms, such as television stations, desktop, smartphone and tablet products. Its Broadcasting segment includes an independent station group of network affiliates. Its Digital business segment includes Cars.com, CareerBuilder, PointRoll and Shoplocal.