Gannett Co Inc (GCI) Given Average Rating of “Buy” by Analysts
Gannett Co Inc (NYSE:GCI) has been assigned an average recommendation of “Buy” from the five analysts that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company.
A number of equities research analysts have commented on GCI shares. Zacks Investment Research raised Gannett from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. ValuEngine raised Gannett from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd.
Shares of Gannett (NYSE:GCI) traded up $0.10 during trading on Friday, reaching $11.28. The company’s stock had a trading volume of 840,559 shares, compared to its average volume of 897,736. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.43. Gannett has a 12-month low of $7.36 and a 12-month high of $12.38. The firm has a market capitalization of $1,224.99, a PE ratio of 28.67 and a beta of 0.80.
Gannett Co, Inc is a media company. The Company operates as a newspaper publisher in the United States. As of December 25, 2016, it owned ReachLocal, Inc (ReachLocal), a digital marketing solutions company; the USA TODAY NETWORK (made up of USA TODAY including digital sites and affiliates (USAT) and 109 local media organizations in 34 states in the United States and Guam), and Newsquest Media Group Ltd.
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