Gray Media Inc. (NYSE:GTN.A – Get Free Report)’s stock price dropped 5.9% during mid-day trading on Wednesday . The stock traded as low as $7.89 and last traded at $8.0450. Approximately 2,027 shares were traded during trading, an increase of 2% from the average daily volume of 1,982 shares. The stock had previously closed at $8.55.
Gray Media Stock Performance
The firm has a market capitalization of $821.31 million, a PE ratio of 19.62 and a beta of 0.96. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 2.60. The company has a 50-day moving average of $8.97 and a 200 day moving average of $9.70.
Gray Media (NYSE:GTN.A – Get Free Report) last issued its quarterly earnings results on Friday, November 7th. The company reported ($0.24) earnings per share (EPS) for the quarter. Gray Media had a net margin of 2.81% and a return on equity of 5.50%. The business had revenue of $749.00 million for the quarter.
About Gray Media
Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.
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