GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Stock Rating Lowered by Zacks Research

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBAGet Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Thursday,Zacks.com reports.

GCI Liberty, Inc. – Series A GCI Group Stock Down 2.4%

GCI Liberty, Inc. – Series A GCI Group stock opened at $25.59 on Thursday. The firm has a 50 day moving average price of $35.20 and a 200 day moving average price of $35.95. The company has a market capitalization of $734.43 million and a PE ratio of -2.39. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.31 and a current ratio of 3.31. GCI Liberty, Inc. – Series A GCI Group has a fifty-two week low of $25.26 and a fifty-two week high of $41.87.

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBAGet Free Report) last posted its quarterly 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 business had revenue of $256.00 million during 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%. Research analysts expect that GCI Liberty, Inc. – Series A GCI Group will post 3.36 earnings per share for the current year.

Hedge Funds Weigh In On GCI Liberty, Inc. – Series A GCI Group

Several institutional investors have recently modified their holdings of GLIBA. Crossingbridge Advisors LLC acquired a new position in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter worth $14,499,000. Vanguard Group Inc. acquired a new position in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter worth $11,733,000. Luxor Capital Group LP acquired a new position in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter worth $4,410,000. Dimensional Fund Advisors LP acquired a new position in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter worth $3,567,000. Finally, Long Focus Capital Management LLC acquired a new position in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter worth $2,817,000.

GCI Liberty, Inc. – Series A GCI Group Company Profile

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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.

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