Gannett Co Inc (GCI) : During the past 4 weeks, traders have been relatively bearish on Gannett Co Inc (GCI), hence the stock is down -3.76% 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 -0.88% relative to the S&P 500. The 4-week change in the price of the stock is -5.71% and the stock has fallen -0.35% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.5% and the 50-Day Moving Average is 8.44%.The 200 Day SMA reached 20.98% Gannett Co., Inc. has dropped 23.59% during the last 3-month period . Year-to-Date the stock performance stands at -27.65%.
Gannett Co Inc (GCI) : 2 Wall Street analysts covering Gannett Co Inc (GCI) believe that the average level the stock could reach for the short term is $17.5. The maximum price target given is $21 and the minimum target for short term is around $14, hence the standard deviation is calculated at $4.95.
For the current week, the company shares have a recommendation consensus of Buy. Gannett Co Inc (NYSE:GCI): stock was range-bound between the intraday low of $11.35 and the intraday high of $11.65 after having opened at $11.58 on Fridays session. The stock finally closed in the red at $11.58, a loss of -1.64%. The stock remained in the red for the whole trading day. The total traded volume was 1,359,134 shares. The stock failed to cross $11.65 in Fridays trading. The stocks closing price on Thursday was $11.39.
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.