Overall market sentiment has been high on Gannett Co Inc (GCI) stock lately. GCI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Gannett Co Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GCI!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With GCI Stock Today?
Gannett Co Inc (GCI) stock is trading at $5.37 as of 10:59 AM on Wednesday, Jan 19, a rise of $0.07, or 1.32% from the previous closing price of $5.30. The stock has traded between $5.31 and $5.42 so far today. Volume today is less active than usual. So far 307,549 shares have traded compared to average volume of 1,473,979 shares.
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More About Gannett Co Inc
Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The company's brands include the USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest to provide more than 150 local media brands.
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