General Communication (GNCMA) Shares are Up 4.59%

General Communication (GNCMA) : Traders are bullish on General Communication (GNCMA) as it has outperformed the S&P 500 by a wide margin of 10.65% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.04%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.59% in the last 1 week, and is up 8.41% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 2.44% and the 50-Day Moving Average is 4.43%.The 200 Day SMA reached 18.75% General Communication Inc. has dropped 8.07% during the last 3-month period . Year-to-Date the stock performance stands at -30.89%.


Company shares have received an average consensus rating of Hold for the current week General Communication (NASDAQ:GNCMA): The stock opened at $13.58 and touched an intraday high of $13.71 on Friday. During the day, the stock corrected to an intraday low of $13.38, however, the bulls stepped in and pushed the price higher to close in the green at $13.67 with a gain of 0.74% for the day. The total traded volume for the day was 931,643. The stock had closed at $13.67 in the previous trading session.

General Communication, Inc. is a holding company. The Company, together with its subsidiaries, is a diversified communications provider with operations primarily in the State of Alaska. The Company operates two segments: Wireless and Wireline. The Companys fiber network employs digital transmission technology over its fiber optic facilities within Alaska and between Alaska and the lower 48 states. Its facilities include digital undersea fiber optic cable systems linking its Alaska terrestrial networks to the networks of other carriers in the lower 48 states, a terrestrial fiber optic cable system connecting Anchorage and Fairbanks, Alaska, and a terrestrial fiber optic cable system that extends from Prudhoe Bay, Alaska to Valdez, Alaska via Fairbanks, Alaska.

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