General Communication (GNCMA) Earns News Impact Rating of 0.11

Press coverage about General Communication (NASDAQ:GNCMA) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. General Communication earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the utilities provider an impact score of 44.5585051033964 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Several equities analysts have weighed in on the company. Drexel Hamilton raised General Communication from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. BidaskClub cut General Communication from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th.

Shares of General Communication (NASDAQ:GNCMA) opened at $40.71 on Tuesday. General Communication has a 12 month low of $17.45 and a 12 month high of $43.63. The company has a current ratio of 1.24, a quick ratio of 1.19 and a debt-to-equity ratio of -511.65.

In other General Communication news, EVP G Wilson Hughes sold 3,630 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $42.16, for a total transaction of $153,040.80. Following the completion of the sale, the executive vice president now owns 654,925 shares of the company’s stock, valued at $27,611,638. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Peter Pounds sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $41.44, for a total value of $207,200.00. Following the sale, the chief financial officer now directly owns 208,666 shares of the company’s stock, valued at approximately $8,647,119.04. The disclosure for this sale can be found here. In the last three months, insiders sold 38,630 shares of company stock valued at $1,551,841. 15.28% of the stock is currently owned by company insiders.

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About General Communication

General Communication, Inc is a holding company. The Company, together with its subsidiaries, is a communications provider with operations primarily in the State of Alaska. The Company provides a range of wireless, data, video, voice and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under its GCI brand.

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