Tribune Publishing Co. (TRNC) Reaches New 12-Month High at $15.36
Tribune Publishing Co. (NASDAQ:TRNC) reached a new 52-week high on Wednesday . The stock traded as high as $15.36 and last traded at $15.09, with a volume of 86,236 shares trading hands. The stock had previously closed at $14.87.
The stock’s market cap is $475.10 million. The firm’s 50 day moving average is $14.14 and its 200-day moving average is $10.55.
In other news, Director Patrick Soon-Shiong purchased 3,400 shares of the company’s stock in a transaction that occurred on Monday, June 13th. The stock was bought at an average cost of $12.93 per share, with a total value of $43,962.00. Following the completion of the purchase, the director now owns 410,057 shares in the company, valued at $5,302,037.01. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
tronc, Inc, formerly Tribune Publishing Company, is a content curation and monetization company focused on creating and distributing content across all channels. The Company’s portfolio of news and information brands includes daily and weekly titles, digital properties and verticals in markets across the country.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.