GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Sets New 52-Week Low – Here’s What Happened

Shares of GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) reached a new 52-week low during trading on Thursday . The company traded as low as $25.82 and last traded at $25.75, with a volume of 21999 shares trading hands. The stock had previously closed at $27.44.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of GCI Liberty, Inc. – Series A GCI Group to a “hold” rating in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

GCI Liberty, Inc. – Series A GCI Group Stock Performance

The company has a market cap of $752.97 million and a P/E ratio of -2.45. The company’s fifty day moving average is $35.73 and its 200 day moving average is $36.09. The company has a current ratio of 3.31, a quick ratio of 3.31 and a debt-to-equity ratio of 0.61.

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.76). The company had revenue of $256.00 million for the quarter. GCI Liberty, Inc. – Series A GCI Group had a negative net margin of 31.47% and a positive return on equity of 12.74%. As a group, equities analysts predict that GCI Liberty, Inc. – Series A GCI Group will post 4.57 earnings per share for the current fiscal year.

Institutional Investors Weigh In On GCI Liberty, Inc. – Series A GCI Group

Several institutional investors have recently added to or reduced their stakes in GLIBA. Arrowstreet Capital Limited Partnership bought a new position in shares of GCI Liberty, Inc. – Series A GCI Group during the first quarter valued at about $147,000. Dimensional Fund Advisors LP grew its stake in shares of GCI Liberty, Inc. – Series A GCI Group by 29.7% in the first quarter. Dimensional Fund Advisors LP now owns 154,189 shares of the company’s stock worth $5,682,000 after purchasing an additional 35,340 shares during the last quarter. R Squared Ltd purchased a new position in GCI Liberty, Inc. – Series A GCI Group during the 1st quarter valued at about $240,000. Moran Wealth Management LLC purchased a new position in GCI Liberty, Inc. – Series A GCI Group during the 1st quarter valued at about $281,000. Finally, Virtu Financial LLC raised its position in GCI Liberty, Inc. – Series A GCI Group by 324.9% during the 4th quarter. Virtu Financial LLC now owns 30,645 shares of the company’s stock valued at $1,130,000 after purchasing an additional 23,432 shares during the last quarter.

GCI Liberty, Inc. – Series A GCI Group Company Profile

GCI Liberty, Inc, together with its subsidiaries, provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. It also operates a digital invitation platform that provides custom display advertising, native advertising content, custom video, and brand partnership services. The company is based in Englewood, Colorado.