General Communication, Inc. (NASDAQ:GNCMA) Director Stephen R. Mooney sold 10,100 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $40.78, for a total transaction of $411,878.00. Following the completion of the sale, the director now owns 56,400 shares in the company, valued at approximately $2,299,992. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of General Communication, Inc. (NASDAQ GNCMA) opened at $41.40 on Monday. The stock has a market cap of $1,494.46, a P/E ratio of -15.98 and a beta of 0.58. The company has a debt-to-equity ratio of -511.65, a current ratio of 1.24 and a quick ratio of 1.19. General Communication, Inc. has a 12-month low of $17.50 and a 12-month high of $43.63.
General Communication (NASDAQ:GNCMA) last released its quarterly earnings results on Wednesday, November 1st. The utilities provider reported ($0.25) earnings per share for the quarter. General Communication had a negative net margin of 9.70% and a negative return on equity of 618.31%.
A number of brokerages recently weighed in on GNCMA. BidaskClub cut shares of General Communication from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Drexel Hamilton raised shares of General Communication from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd.
TRADEMARK VIOLATION WARNING: This report was first posted by Week Herald and is the property of of Week Herald. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://weekherald.com/2018/01/15/general-communication-inc-gncma-director-stephen-r-mooney-sells-10100-shares-of-stock.html.
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.
Receive News & Ratings for General Communication Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Communication and related companies with MarketBeat.com's FREE daily email newsletter.