Somewhat Favorable Media Coverage Somewhat Unlikely to Affect General Communication (GNCMA) Share Price
News stories about General Communication (NASDAQ:GNCMA) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news 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 coverage optimism score of 0.12 on Accern’s scale. Accern also gave news articles about the utilities provider an impact score of 46.6554365464559 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
General Communication (NASDAQ GNCMA) traded down 0.31% on Friday, hitting $42.44. The stock had a trading volume of 210,584 shares. The stock’s market capitalization is $1.53 billion. General Communication has a 52 week low of $12.26 and a 52 week high of $43.63. The company has a 50-day moving average price of $39.13 and a 200-day moving average price of $31.36.
In other news, Director Stephen R. Mooney sold 7,500 shares of the business’s stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $37.19, for a total transaction of $278,925.00. Following the completion of the transaction, the director now directly owns 73,900 shares in the company, valued at approximately $2,748,341. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William Parker Glasgow sold 15,000 shares of the business’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of $37.51, for a total transaction of $562,650.00. Following the transaction, the director now owns 51,594 shares of the company’s stock, valued at $1,935,290.94. The disclosure for this sale can be found here. 15.28% of the stock is owned by insiders.
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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