Gray Television, Inc. (NYSE:GTN.A - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 8,071 shares were traded during trading, an increase of 0% from the previous session's volume of 8,062 shares.The stock last traded at $8.25 and had previously closed at $8.55.
Gray Television Trading Down 2.9 %
The business has a 50 day simple moving average of $7.11 and a 200 day simple moving average of $7.19. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market cap of $788.58 million, a price-to-earnings ratio of 5.18 and a beta of 1.24.
Gray Television (NYSE:GTN.A - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported $1.59 earnings per share for the quarter. Gray Television had a net margin of 5.69% and a return on equity of 9.60%. The firm had revenue of $1.05 billion during the quarter.
Gray Television Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend is Friday, March 14th. Gray Television's dividend payout ratio is 9.61%.
Gray Television Company Profile
(
Get Free Report)
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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