Shares of Gray Television, Inc. (NYSE:GTN.A - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 9,139 shares traded hands during trading, an increase of 132% from the previous session's volume of 3,946 shares.The stock last traded at $7.53 and had previously closed at $6.88.
Gray Television Price Performance
The firm has a market capitalization of $828.26 million, a P/E ratio of 5.54 and a beta of 1.29. The company has a quick ratio of 1.63, a current ratio of 1.13 and a debt-to-equity ratio of 2.76. The business's 50 day moving average is $7.40 and its 200-day moving average is $8.09.
Gray Television Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a $0.08 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.85%. Gray Television's payout ratio is currently 21.33%.
Gray Television Company Profile
(
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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.
Further Reading
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