Gannett Co Inc (GCI) stock has gained 11.56% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 $1.64 as of 10:52 AM on Tuesday, Aug 4, a rise of $0.07, or 4.46% from the previous closing price of $1.57. The stock has traded between $1.50 and $1.66 so far today. Volume today is less active than usual. So far 729,120 shares have traded compared to average volume of 2,743,522 shares.
To see InvestorsObserver's Sentiment Score for Gannett Co Inc click here.
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.
