GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Shares Gap Up – Should You Buy?

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) shares gapped up before the market opened on Monday . The stock had previously closed at $26.77, but opened at $28.45. GCI Liberty, Inc. – Series A GCI Group shares last traded at $29.7890, with a volume of 13,355 shares traded.

Wall Street Analysts Forecast Growth

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

GCI Liberty, Inc. – Series A GCI Group Stock Down 1.1%

The firm has a 50 day moving average of $35.97 and a two-hundred day moving average of $36.16. The firm has a market capitalization of $814.51 million and a price-to-earnings ratio of -2.65. The company has a quick ratio of 3.31, a current ratio of 3.31 and a debt-to-equity ratio of 0.61.

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $1.21 by ($0.76). The business had revenue of $256.00 million during 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, sell-side analysts anticipate that GCI Liberty, Inc. – Series A GCI Group will post 4.57 EPS for the current fiscal year.

Institutional Trading of GCI Liberty, Inc. – Series A GCI Group

Several large investors have recently bought and sold shares of the business. Crossingbridge Advisors LLC bought a new position in GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at about $14,499,000. Vanguard Group Inc. bought a new position in GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at about $11,733,000. Luxor Capital Group LP bought a new position in GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at about $4,410,000. Dimensional Fund Advisors LP bought a new position in GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at about $3,567,000. Finally, Long Focus Capital Management LLC bought a new position in GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at about $2,817,000.

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.