Large Inflow of Money Witnessed in Gannett Co Inc

Gannett Co Inc (NYSE:GCI) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.4. The total value of inflow transactions on upticks was $1.78 million, whereas, the total value of outflow trades on downticks was $1.27 million. The total money flow was $0.5 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.27 million. The total value of the trades done on upticks was $0.27 million. Gannett Co Inc (NYSE:GCI) was trading with a -0.15% change over previous days close. It fell $0.02 during the day and reached $13.33. The stock was -6.13% compared to the previous weeks close.


In an insider trading activity, Dickey Robert J., director officer (President and CEO) of Gannett Co., Inc., unloaded 18,556 shares at an average price of $17.46 on November 24, 2015. The total amount of the transaction was worth $323,988, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.5% of Gannett Co Inc shares according to the proxy statements. Institutional Investors own 91.62% of Gannett Co Inc shares.

The company shares have rallied 0.23% 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 Jul 6, 2015. The 50-Day Moving Average price is $15.33 and the 200 Day Moving Average price is recorded at $15.44. Gannett Co Inc (NYSE:GCI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.54 and $13.26 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.70, notching a gain of 2.62% for the day. The total traded volume was 2,133,828 . The stock had closed at $13.35 on the previous day.

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.

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