GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Sets New 1-Year Low Following Analyst Downgrade

Shares of GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBAGet Free Report) hit a new 52-week low during trading on Thursday after Zacks Research downgraded the stock from a hold rating to a strong sell rating. The company traded as low as $25.82 and last traded at $25.75, with a volume of 21999 shares. The stock had previously closed at $27.44.

Institutional Investors Weigh In On GCI Liberty, Inc. – Series A GCI Group

Institutional investors have recently modified their holdings of the stock. US Bancorp DE acquired a new stake in shares of GCI Liberty, Inc. – Series A GCI Group in the 3rd quarter valued at about $27,000. AlphaQuest LLC acquired a new stake in shares of GCI Liberty, Inc. – Series A GCI Group in the 3rd quarter valued at about $31,000. JPMorgan Chase & Co. acquired a new stake in shares of GCI Liberty, Inc. – Series A GCI Group in the 3rd quarter valued at about $33,000. Legal & General Group Plc acquired a new stake in shares of GCI Liberty, Inc. – Series A GCI Group in the 3rd quarter valued at about $39,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of GCI Liberty, Inc. – Series A GCI Group in the 3rd quarter valued at about $39,000.

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

The firm has a market cap of $734.43 million and a price-to-earnings ratio of -2.39. The business’s 50 day moving average price is $35.20 and its 200-day moving average price is $35.95. 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 (NASDAQ:GLIBAGet Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.76). The company 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%. Equities analysts expect that GCI Liberty, Inc. – Series A GCI Group will post 3.36 EPS for the current year.

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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