Shares of Gray Television, Inc. (NYSE:GTN.A - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $7.58, but opened at $7.41. Gray Television shares last traded at $7.28, with a volume of 884 shares changing hands.
Gray Television Price Performance
The business's fifty day simple moving average is $7.08 and its 200-day simple moving average is $7.63. The firm has a market cap of $724.10 million, a P/E ratio of 4.84 and a beta of 1.21. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 2.76.
Gray Television (NYSE:GTN.A - Get Free Report) last released its quarterly earnings results on Friday, November 8th. The company reported $0.86 EPS 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 $950.00 million during the quarter.
Gray Television Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.08 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.32 dividend on an annualized basis and a yield of 4.40%. Gray Television's dividend payout ratio is presently 21.33%.
About Gray Television
(
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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.
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