GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Reaches New 1-Year Low – What’s Next?

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) shares reached a new 52-week low during mid-day trading on Thursday . The stock 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.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of 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, Based on data from MarketBeat.com, GCI Liberty, Inc. – Series A GCI Group currently has an average rating of “Hold”.

GCI Liberty, Inc. – Series A GCI Group Stock Down 4.4%

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

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) last posted its earnings results on Thursday, May 7th. The company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.76). The firm 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%. Analysts anticipate that GCI Liberty, Inc. – Series A GCI Group will post 4.57 earnings per share for the current fiscal year.

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

Several institutional investors have recently added to or reduced their stakes in GLIBA. US Bancorp DE bought a new stake in GCI Liberty, Inc. – Series A GCI Group in the 3rd quarter worth about $27,000. AlphaQuest LLC purchased a new position in GCI Liberty, Inc. – Series A GCI Group during the third quarter valued at $31,000. JPMorgan Chase & Co. purchased a new position in shares of GCI Liberty, Inc. – Series A GCI Group during the 3rd quarter valued at about $33,000. Legal & General Group Plc bought a new position in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter worth approximately $39,000. Finally, Public Employees Retirement System of Ohio bought a new position in GCI Liberty, Inc. – Series A GCI Group in the 3rd quarter worth $39,000.

About GCI Liberty, Inc. – Series A GCI Group

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.