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Gray Television (NYSE:GTN.A) Shares Gap Down - Time to Sell?

Gray Television logo with Consumer Discretionary background

Gray Television, Inc. (NYSE:GTN.A - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $7.32, but opened at $7.00. Gray Television shares last traded at $7.16, with a volume of 792 shares changing hands.

Gray Television Price Performance

The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 2.76. The business's 50-day moving average is $7.12 and its two-hundred day moving average is $7.40. The company has a market capitalization of $670.78 million, a P/E ratio of 4.49 and a beta of 1.21.

About Gray Television

(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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