Stock price performance of TEGNA Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 6.5% 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 -17.3% . Looking at the past 52 week period, the stock price is down -33.4% . 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 -35.87 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 0.09% and the 50-Day Moving Average is 0.28%.The 200 Day SMA reached 18.72%
Gannett Co., Inc. is having a Relative Strength Index of 60.66 which indicates the stock is not yet over sold or over bought based on the technical indicators. TEGNA Inc. (NYSE:GCI) has climbed 2.88% in the past week and advanced 2.88% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.76% and the outperformance has advanced to 1.97% for the last 4 weeks period.
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 Oct 27, 2016. The company reported $-0.21 EPS for the quarter, missing the analyst consensus estimate by $ -0.42. Analyst had a consensus of $0.21. The company had revenue of $772.30 million for the quarter, compared to analysts expectations of $752.36 million. The companys revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.
TEGNA Inc. (NYSE:GCI) : On Friday heightened volatility was witnessed in TEGNA Inc. (NYSE:GCI) which led to swings in the share price. The stock opened for trading at $9.65 and hit $9.99 on the upside , eventually ending the session at $9.99, with a gain of 3.63% or 0.35 points. The heightened volatility saw the trading volume jump to 2,424,396 shares. The 52-week high of the share price is $17.72 and the company has a market cap of $1,165 million. The 52-week low of the share price is at $7.3 .
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.