Gannett Co Inc (GCI) Shares are Down -3.84%

Gannett Co Inc (GCI) : During the past 4 weeks, traders have been relatively bearish on Gannett Co Inc (GCI), hence the stock is down -13.31% 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 -4.25% relative to the S&P 500. The 4-week change in the price of the stock is -11.15% and the stock has fallen -3.84% in the past 1 week.

Gannett Co Inc (NYSE:GCI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.16 and $12.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.27, notching a gain of 1.83% for the day. The total traded volume was 1,775,175 . The stock had closed at $12.05 on the previous day.

The stock has recorded a 20-day Moving Average of 9.28% and the 50-Day Moving Average is 14.05%. Gannett Co., Inc. has dropped 23.14% during the last 3-month period . Year-to-Date the stock performance stands at -23.1%.

Gannett Co Inc (GCI) : Currently there are 2 street experts covering Gannett Co Inc (GCI) stock. The most bullish and bearish price target for the stock is $19 and $14 respectively for the short term. The average price target of all the analysts comes to $16.5. The estimated standard deviation from the target is $3.54.


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Your email address will not be published.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 *