GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Sets New 1-Year Low – Should You Sell?

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $24.99 and last traded at $25.42, with a volume of 71000 shares changing hands. The stock had previously closed at $25.65.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered GCI Liberty, Inc. – Series A GCI Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

GCI Liberty, Inc. – Series A GCI Group Price Performance

The company has a market cap of $729.55 million and a PE ratio of -2.37. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.31 and a current ratio of 3.31. The stock has a 50 day moving average of $34.69 and a 200-day moving average of $35.79.

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) 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 firm 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%. Equities analysts predict that GCI Liberty, Inc. – Series A GCI Group will post 3.36 earnings per share for the current year.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Deltroit Asset Management UK LLP acquired a new stake in GCI Liberty, Inc. – Series A GCI Group during the 4th quarter worth about $90,000. Gabelli Funds LLC grew its position in GCI Liberty, Inc. – Series A GCI Group by 62.7% during the 4th quarter. Gabelli Funds LLC now owns 20,750 shares of the company’s stock worth $765,000 after purchasing an additional 8,000 shares during the period. Whittier Trust Co. grew its position in GCI Liberty, Inc. – Series A GCI Group by 147.7% during the 4th quarter. Whittier Trust Co. now owns 1,174 shares of the company’s stock worth $43,000 after purchasing an additional 700 shares during the period. FNY Investment Advisers LLC acquired a new stake in GCI Liberty, Inc. – Series A GCI Group during the 3rd quarter worth about $72,000. Finally, Luxor Capital Group LP acquired a new stake in GCI Liberty, Inc. – Series A GCI Group during the 3rd quarter worth about $4,410,000.

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.