NEW YORK, January 12, 2017 /PRNewswire/ --
The Services sector is an umbrella term that describes any job that produces intangible value or goods. Success in this sector can be measured by the value a customer has received. This morning, Stock-Callers.com brings focus on four equities to see how they have fared over the last few trading sessions: Gannett Co. Inc. (NYSE: GCI), The New York Times Co. (NYSE: NYT), New Media Investment Group Inc. (NYSE: NEWM), and Pearson PLC (NYSE: PSO). Learn more about these stocks by downloading their free report at:
At the close on Wednesday, shares in McLean, Virginia-based Gannett Co. Inc. climbed 1.14%, ending the day at $9.73. The stock recorded a trading volume of 709,766 shares. The Company's shares have advanced 0.21% since the start of this year. The stock is trading above its 50-day moving average by 4.36%. Moreover, shares of Gannett, which operates as a multi-platform news and information company, have a Relative Strength Index (RSI) of 51.64.
On December 14th, 2016, ReachLocal, a subsidiary of Gannett, announced the latest version of ReachEdge, its award-winning marketing automation, analytics and lead management software currently used by over 3,000 local businesses. To date, ReachEdge has helped local businesses manage and respond to over 10 million leads from their digital marketing. The free research report on GCI is available at:
New York Times
Shares in New York headquartered The New York Times Co. ended the day 0.37% higher at $13.60, with a total trading volume of 341,183 shares. In the previous three months and since the start of this year, the stock has gained 17.09% and 2.56%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 6.71% and 9.77%, respectively. Furthermore, shares of New York Times, which together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide, have an RSI of 60.48.
On December 15th, 2016, New York Times' Board of Directors declared a regular quarterly dividend of $.04 per share on the Company's Class A and Class B common stock. The dividend is payable on January 26th, 2017, to shareholders of record as of the close of business on January 11th, 2017. The complimentary report on NYT can be downloaded at:
New Media Investment
On Wednesday, shares in New York-based New Media Investment Group Inc. finished 0.95% higher at $15.89, with a total trading volume of 623,268 shares. The stock has 13.49% over the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 0.97% and 0.07%, respectively. Additionally, shares of New Media Investment Group, which owns, operates, and invests in local media assets in the US, have an RSI of 46.74.
On November 30th, 2016, New Media Investment announced that it has completed the acquisition of substantially all of the assets of Harris Enterprises, Inc. for $20.4 million, or at the mid-point of New Media's acquisition range of 3.5x - 4.5x LTM as adjusted EBITDA. Harris, the family-owned collection of local media assets in central Kansas and eastern Iowa, is comprised of six newspapers-of-record and multiple weekly and niche print products. Visit us today and download our complete research report on NEWM for free at:
London, the UK headquartered Pearson PLC's shares recorded a trading volume of 228,922 shares at the end of yesterday's session. The stock closed the day 0.30% higher at $9.96. The Company's shares have advanced 0.71% in the previous three months and are trading above their 50-day moving average by 2.33%. Additionally, shares of Pearson, which provides educational materials and learning technologies for teachers and students worldwide, have an RSI of 51.59. Get free access to your technical report on PSO at:
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