Company Shares of Gannett Co Inc (NYSE:GCI) Rally 0.8%

Gannett Co Inc (NYSE:GCI) : During the past 4 weeks, traders have been relatively bearish on Gannett Co Inc (NYSE:GCI), hence the stock is down -11.86% 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 -0.47% relative to the S&P 500. The stock has risen by 0.8% in the past week indicating that the buyers are active at lower levels, but the stock is down -10.44% in the past 4 weeks.

The company shares have rallied 0.88% from its 1 Year high price. On Dec 1, 2015, the shares registered one year high at $17.91 and the one year low was seen on Aug 6, 2015. The 50-Day Moving Average price is $14.87 and the 200 Day Moving Average price is recorded at $15.29.

The stock has recorded a 20-day Moving Average of 4.44% and the 50-Day Moving Average is 9.45%.


Gannett Co Inc (NYSE:GCI): stock turned positive on Friday. Though the stock opened at $13.51, the bulls momentum made the stock top out at $13.885 level for the day. The stock recorded a low of $13.51 and closed the trading day at $13.81, in the green by 3.21%. The total traded volume for the day was 1,922,700. The stock had closed at $13.38 in the previous days trading.

In an insider trading activity, The director officer (President and CEO), of Gannett Co., Inc., Dickey Robert J. had unloaded 18,556 shares at $17.46 per share in a transaction on November 24, 2015. The total value of transaction was $323,988. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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, CareerBuilder, PointRoll and Shoplocal.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.