GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Shares Gap Up – Here’s Why

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBAGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $26.77, but opened at $28.45. GCI Liberty, Inc. – Series A GCI Group shares last traded at $29.7890, with a volume of 13,355 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised GCI Liberty, Inc. – Series A GCI Group to a “hold” rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, GCI Liberty, Inc. – Series A GCI Group currently has a consensus rating of “Hold”.

View Our Latest Report on GCI Liberty, Inc. – Series A GCI Group

GCI Liberty, Inc. – Series A GCI Group Trading Up 7.6%

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 stock has a fifty day simple moving average of $36.66 and a 200 day simple moving average of $36.33. The firm has a market capitalization of $826.56 million and a P/E ratio of -2.69.

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 analysts’ consensus estimates of $1.21 by ($0.76). The business had revenue of $256.00 million for 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%. As a group, research analysts forecast that GCI Liberty, Inc. – Series A GCI Group will post 4.16 EPS for the current year.

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

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

About GCI Liberty, Inc. – Series A GCI Group

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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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