General Communication (GNCMA) Receiving Favorable Media Coverage, Report Finds

Media headlines about General Communication (NASDAQ:GNCMA) have been trending positive recently, according to Alpha One Sentiment Analysis. The research group, a service of Accern, identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. General Communication earned a coverage optimism score of 0.31 on Alpha One’s scale. Alpha One also gave news coverage about the utilities provider an impact score of 84 out of 100, meaning that recent press coverage is very likely to have an effect on the company’s share price in the next few days.

These are some of the headlines that may have effected AlphaOne’s scoring:

Shares of General Communication (NASDAQ:GNCMA) traded up 0.08% during mid-day trading on Friday, hitting $36.26. 153,827 shares of the stock were exchanged. The stock’s market cap is $1.30 billion. The company has a 50-day moving average price of $25.36 and a 200-day moving average price of $19.82. General Communication has a 12 month low of $12.26 and a 12 month high of $36.93.

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In other news, SVP William C. Behnke sold 20,000 shares of General Communication stock in a transaction dated Tuesday, April 4th. The stock was sold at an average price of $31.00, for a total value of $620,000.00. Following the completion of the transaction, the senior vice president now owns 181,912 shares in the company, valued at approximately $5,639,272. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 14.20% of the company’s stock.

General Communication Company Profile

General Communication, Inc is a holding company. The Company, together with its subsidiaries, is a communications provider with operations primarily in the State of Alaska. The Company provides a range of wireless, data, video, voice and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under its GCI brand.

5 Day Chart for NASDAQ:GNCMA

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