Shares of Gray Television, Inc. (NYSE:GTN.A - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $6.55, but opened at $6.31. Gray Television shares last traded at $6.62, with a volume of 276 shares.
Gray Television Trading Down 3.8 %
The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.13 and a current ratio of 1.13. The company has a 50 day simple moving average of $7.13 and a two-hundred day simple moving average of $7.32. The firm has a market cap of $627.90 million, a PE ratio of 4.20 and a beta of 1.21.
Gray Television (NYSE:GTN.A - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported $1.59 EPS for the quarter. The business had revenue of $1.05 billion for the quarter. Gray Television had a net margin of 5.69% and a return on equity of 9.60%.
Gray Television Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.08 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.32 annualized dividend and a yield of 5.08%. Gray Television's dividend payout ratio is presently 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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