GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) Releases Earnings Results

GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) announced its quarterly earnings results on Wednesday. The company reported ($13.34) EPS for the quarter, Zacks reports.

GCI Liberty, Inc. – Series C GCI Group Trading Down 5.8%

NASDAQ GLIBK traded down $2.15 during trading on Wednesday, reaching $35.12. The company’s stock had a trading volume of 734,274 shares, compared to its average volume of 386,585. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market cap of $1.01 billion and a PE ratio of 37.36. GCI Liberty, Inc. – Series C GCI Group has a twelve month low of $29.00 and a twelve month high of $39.14.

Insider Buying and Selling

In other GCI Liberty, Inc. – Series C GCI Group news, Director John C. Malone acquired 8,092 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were bought at an average cost of $34.98 per share, for a total transaction of $283,058.16. Following the completion of the purchase, the director owned 1,216,098 shares in the company, valued at $42,539,108.04. This trade represents a 0.67% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have acquired 13,352 shares of company stock valued at $467,006 in the last quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of GCI Liberty, Inc. – Series C GCI Group from a “hold (c+)” rating to a “buy (b)” rating in a research report on Saturday, October 25th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, GCI Liberty, Inc. – Series C GCI Group presently has a consensus rating of “Buy”.

About GCI Liberty, Inc. – Series C GCI Group

GCI Liberty Inc consists of its wholly owned subsidiary GCI. The company is communications provider, providing data, voice and managed services to consumer and business customers throughout Alaska. GCI Liberty Inc is based in ENGLEWOOD, Colo.