GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Short Interest Update
by Renee Jackson · The Cerbat GemGCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA – Get Free Report) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 127,686 shares, a decline of 17.8% from the March 31st total of 155,268 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 33,016 shares, the short-interest ratio is presently 3.9 days.
Institutional Trading of GCI Liberty, Inc. – Series A GCI Group
A number of large investors have recently made changes to their positions in the business. First Trust Advisors LP increased its holdings in shares of GCI Liberty, Inc. – Series A GCI Group by 3.2% in the 4th quarter. First Trust Advisors LP now owns 10,588 shares of the company’s stock worth $390,000 after buying an additional 333 shares during the last quarter. Whittier Trust Co. boosted its stake in shares of 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. US Bancorp DE purchased a new position in shares of GCI Liberty, Inc. – Series A GCI Group during the 3rd quarter worth about $27,000. AlphaQuest LLC purchased a new position in shares of GCI Liberty, Inc. – Series A GCI Group during the 3rd quarter worth about $31,000. Finally, JPMorgan Chase & Co. purchased a new stake in GCI Liberty, Inc. – Series A GCI Group in the 3rd quarter valued at about $33,000.
GCI Liberty, Inc. – Series A GCI Group Price Performance
NASDAQ GLIBA traded down $0.40 on Friday, reaching $34.46. The company had a trading volume of 37,792 shares, compared to its average volume of 37,117. The company has a quick ratio of 3.14, a current ratio of 3.14 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $989.00 million and a PE ratio of 4.97. The firm’s 50 day moving average price is $37.17 and its 200 day moving average price is $36.44. GCI Liberty, Inc. – Series A GCI Group has a 12 month low of $28.00 and a 12 month high of $41.87.
GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA – Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.24. The company had revenue of $262.00 million during the quarter, compared to the consensus estimate of $264.00 million. As a group, equities analysts predict that GCI Liberty, Inc. – Series A GCI Group will post 4.16 earnings per share for the current year.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of GCI Liberty, Inc. – Series A GCI Group to a “hold” rating in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, GCI Liberty, Inc. – Series A GCI Group presently has a consensus rating of “Hold”.
Read Our Latest 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.