GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $1.15 by ($0.75), Zacks reports. GCI Liberty, Inc. – Series A GCI Group had a negative net margin of 31.47% and a positive return on equity of 12.74%. The business had revenue of $261.00 million during the quarter.
GCI Liberty, Inc. – Series A GCI Group Trading Up 1.0%
GLIBA stock traded up $0.25 during trading on Thursday, reaching $24.42. 36,380 shares of the stock traded hands, compared to its average volume of 64,967. The firm has a market capitalization of $700.85 million and a PE ratio of -2.28. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.31 and a quick ratio of 3.31. The business’s 50 day moving average price is $22.15 and its 200-day moving average price is $30.71. GCI Liberty, Inc. – Series A GCI Group has a 52-week low of $19.61 and a 52-week high of $41.87.
Insider Buying and Selling at GCI Liberty, Inc. – Series A GCI Group
In other news, CEO Ronald A. Duncan acquired 65,000 shares of GCI Liberty, Inc. – Series A GCI Group stock in a transaction dated Wednesday, June 3rd. The shares were acquired at an average cost of $21.04 per share, with a total value of $1,367,600.00. Following the purchase, the chief executive officer directly owned 42,516 shares of the company’s stock, valued at approximately $894,536.64. This trade represents a -289.09% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 7.87% of the stock is owned by corporate insiders.
Institutional Trading of GCI Liberty, Inc. – Series A GCI Group
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of GCI Liberty, Inc. – Series A GCI Group from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, GCI Liberty, Inc. – Series A GCI Group presently has an average rating of “Hold”.
Get Our Latest Research Report on GCI Liberty, Inc. – Series A GCI Group
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.
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