TEGNA Inc. s trend and data analysis indicates that the stock price has dropped -17.93% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -30.41% . Looking at the past 52 week period, the stock price is down -46.43% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of TEGNA Inc. has a negative value of -42.91 compared to overall market performance.Gannett Co., Inc. is having a Relative Strength Index of 38.89 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of TEGNA Inc. (NYSE:GCI) rallied by 2.4% during the past week but lost 8.16% on a 4-week basis. The company has outperformed the S&P 500 by 2.16% in the past week but underperformed the index by 9.21% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week TEGNA Inc. (NYSE:GCI) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.02 points or 0.25% at $8.1 with 1,731,905 shares getting traded. Post opening the session at $8.15, the shares hit an intraday low of $8.07 and an intraday high of $8.19 and the price was in this range throughout the day. The company has a market cap of $920 million and the number of outstanding shares has been calculated to be 113,584,069 shares. The 52-week high of TEGNA Inc. (NYSE:GCI) is $17.72 and the 52-week low is $7.3.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Gannett Co Inc was Downgraded by Argus to Hold on Feb 13, 2017.
Company has reported several Insider transactions to the SEC, on Nov 14, 2016, John Jeffry Louis (director) purchased 28,000 shares at 8.96 per share price.On Nov 7, 2016, Alison K Engel (CFO) purchased 6,400 shares at 7.81 per share price.On Nov 25, 2015, Robert J. Dickey (President and CEO) sold 18,556 shares at 17.46 per share price.
Gannett Co Inc Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $0.42. The company had revenue of $867.00 million for the quarter, compared to analysts expectations of $848.87 million. The companys revenue was up 17.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.
Gannett owns the publishing assets of the legacy Gannett company following its June 2015 split into two publicly traded companies – a broadcasting and digital company called TEGNA (Ticker: TGNA) and a publishing company called Gannett. The new Gannett owns the USA Today and a host of other media assets.