General Communication, Inc. (NASDAQ:GNCMA) Director Stephen R. Mooney sold 7,400 shares of General Communication stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $41.10, for a total transaction of $304,140.00. Following the completion of the transaction, the director now directly owns 66,500 shares in the company, valued at approximately $2,733,150. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
General Communication, Inc. (NASDAQ:GNCMA) opened at $39.92 on Wednesday. The company has a debt-to-equity ratio of -511.65, a quick ratio of 1.19 and a current ratio of 1.24. General Communication, Inc. has a 12-month low of $17.50 and a 12-month high of $43.63.
A number of brokerages have recently issued reports on GNCMA. BidaskClub downgraded shares of General Communication from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Drexel Hamilton raised shares of General Communication from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd.
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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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