GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Reaches New 12-Month Low – What’s Next?

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA)’s stock price hit a new 52-week low on Tuesday . The company traded as low as $24.32 and last traded at $24.42, with a volume of 12903 shares trading hands. The stock had previously closed at $24.98.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded shares of GCI Liberty, Inc. – Series A GCI Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 14th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

GCI Liberty, Inc. – Series A GCI Group Stock Down 5.0%

The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.31 and a current ratio of 3.31. The stock has a market capitalization of $681.05 million and a price-to-earnings ratio of -2.22. The firm’s fifty day simple moving average is $33.70 and its 200 day simple moving average is $35.47.

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) last announced its earnings results on Thursday, May 7th. The company reported $0.45 EPS for the quarter, missing the consensus estimate 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 positive return on equity of 12.74% and a negative net margin of 31.47%. On average, sell-side analysts forecast that GCI Liberty, Inc. – Series A GCI Group will post 3.36 earnings per share for the current year.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. First Trust Advisors LP raised its holdings in shares of GCI Liberty, Inc. – Series A GCI Group by 3.2% in the fourth quarter. First Trust Advisors LP now owns 10,588 shares of the company’s stock valued at $390,000 after purchasing an additional 333 shares during the last quarter. Whittier Trust Co. raised its holdings in shares of GCI Liberty, Inc. – Series A GCI Group by 147.7% in the fourth quarter. Whittier Trust Co. now owns 1,174 shares of the company’s stock valued at $43,000 after purchasing an additional 700 shares during the last quarter. US Bancorp DE acquired a new stake in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at approximately $27,000. AlphaQuest LLC acquired a new stake in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at approximately $31,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at approximately $33,000.

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.